I have commented previously that synthetic graphite was, indirectly, killing SYR. The reason is that the ICCP gave China carte blanche to increase its CO2 emissions to the max up to 2030. And China has done exactly that. The Ukraine war was a fantastic opportunity for the CCP to buy discounted oil from Russia. Undoubtedly, directly or indirectly, that cheap energy source has been used to undermine the natural graphite market.
I have always said that this is simple economics. The world doesn't really give a damn about CO2 emissions particularly China's. You can see the prevarication in the West. Both by Biden and the EU. It is definitely sad to see a good company smashed in this way but there is no level playing field. China has made sure of that aided and abetted by the ICCP. GLTAH Keith
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Last
25.0¢ |
Change
0.030(13.6%) |
Mkt cap ! $248.3M |
Open | High | Low | Value | Volume |
22.0¢ | 25.5¢ | 22.0¢ | $1.716M | 7.127M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 140002 | 25.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
25.5¢ | 535418 | 13 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 140002 | 0.250 |
3 | 61721 | 0.245 |
8 | 442026 | 0.240 |
9 | 282485 | 0.235 |
8 | 511149 | 0.230 |
Price($) | Vol. | No. |
---|---|---|
0.255 | 535418 | 13 |
0.260 | 207322 | 5 |
0.265 | 81217 | 2 |
0.270 | 32000 | 2 |
0.275 | 46900 | 3 |
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