It has come to my attention that these recent "Becoming A Substantial Holder" announcements not only disclose that they are LENDERS to facilitate borrowing of shares to short sell,
Since 25th October til today, it's done 75M shares. I suspect the range of lower highs from 76c to 70c have all been someone large position sizing along with the Insto's for a decline in price. What they know that we (Retail) don't, is yet to be found in hindsight.
Some have already alluded to a potential capital raising of a discounted price adding further dilution and debt to the books.
SENTIMENT STRONG SELL AT THIS POINT!Smells funk!
It has come to my attention that these recent "Becoming A...
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Last
41.5¢ |
Change
0.025(6.41%) |
Mkt cap ! $437.7M | |||
| Open | High | Low | Value | Volume |
| 41.0¢ | 43.0¢ | 40.8¢ | $2.162M | 5.193M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 134855 | 41.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 41.5¢ | 540853 | 9 |
View Market Depth
| Last trade - 11.02am 23/07/2025 (20 minute delay) ? |
| SYR (ASX) Chart |