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2.13%

23.0¢ syrah resources limited

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Tinek

25 Posts.

1

01/04/24

09:08

Post #: 73133290
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Originally posted by randymac: ↑

They're also covering hard Sailor, shorts down 3.5% in just a week (from 17 to 13.5%), and that's 4 trading days delayed data.

Many are using this cap raising to cover and reduce their positions.

I personally think need to look through the short-term challenges and dreadful graphite price and market. It's all about the carving out of an ex-China supply chain, which after last year's export controls (and other market distorting behaviour) is now very much front and centre of Western Goverments' minds.

Watch the Offtake agreements continue to be signed, the DOE expansion funding come through, and an ex-China supply chain start to really take shape as full effects of the IRA come into force and wiser governments no longer leave themselves at the mercy of the CCP's whims and fair trade distorting practices.

There is simply no other upstream/downstream ex-china producer even close to Syrah's advanced position and capabilities.

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They only dropped because they created more shares. They didn't not cover 3.5% in a week... Its still at 110 million.
I may be incorrect....I would like to be incorrect.

Last edited by Tinek: 01/04/24

SYR Price at posting: 49.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 23.0¢		Change -0.005(2.13%)		Mkt cap ! $240.6M

Open	High	Low	Value	Volume
23.5¢	24.5¢	23.0¢	$974.9K	4.149M

Buyers (Bids)

No.	Vol.	Price($)
26	763549	23.0¢

Sellers (Offers)

Price($)	Vol.	No.
23.5¢	38971	2

View Market Depth

No.	Vol.	Price($)
27	770043	0.230
27	768179	0.225
25	1165383	0.220
12	685650	0.215
16	413466	0.210

Price($)	Vol.	No.
0.235	38971	2
0.240	119162	6
0.245	92132	4
0.250	447881	7
0.255	117553	5

Last trade - 16.10pm 19/11/2024 (20 minute delay)

SYR (ASX) Chart