Syrah will be taken over within the next 4 months.
it needs someone with deeper pockets to get things to where it is can go; Verner dumped too much stock on the market and the Chinese git it for far less than Breakeven price - Vernor burned through $100 million in cash in doing so.
thats why it will be sold off. My bet is it is worth $1 Billion do it should fetch $2.30 to $2.50.
key is not to sell out too early.
Graphite Price, page-73
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Last
23.3¢ |
Change
-0.003(1.06%) |
Mkt cap ! $243.1M | |||
| Open | High | Low | Value | Volume |
| 23.5¢ | 23.5¢ | 23.0¢ | $321.0K | 1.373M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 35 | 1263279 | 23.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 23.5¢ | 833735 | 27 |
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| Last trade - 12.11pm 15/11/2024 (20 minute delay) ? |
| SYR (ASX) Chart |