For a while now graphite has not been mentioned amongst Lithium, Nickel, cobalt etc in the booming EV sector material needs as much. It’s changed a bit recently but the high lift in Lithium price and stocks has not been reflected at SYR IMO. Today should be an aberration and wouldn’t be surprised the brokers have a short position going on. The news flow from SYR has been pretty good and I’m just concerned with cash flow positive result at Balama and good progress at Vidalia. Anything else like Vanadium production would be a bonus. We’ll see. Good long term buying if it goes lower.
SYR chart, page-30
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Last
31.0¢ |
Change
0.015(5.08%) |
Mkt cap ! $320.8M | |||
| Open | High | Low | Value | Volume |
| 31.5¢ | 33.0¢ | 29.5¢ | $1.196M | 3.826M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 154757 | 31.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 31.5¢ | 54339 | 3 |
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| Last trade - 16.10pm 07/10/2024 (20 minute delay) ? |
| SYR (ASX) Chart |