SYR 2.04% 24.0¢ syrah resources limited

wow colinchi, i wish i had the b$%lls to trade like that. A...

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  1. 2,131 Posts.
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    wow colinchi, i wish i had the b$%lls to trade like that.


    A heavily shorted stock on the cusp of reporting a profit with no debt, the largest G mine in the world, BAM on schedule and coated spherical to come. OMG good luck making a profit selling a parcel at $1.60.


    Lets not forget the cap raising of $110 million dollars at $3.38 per share in september 2017, years before a profit was forecast. 


    The institutions buying those shares in the cap raising seem to have lent them out to shorters ( re change in substantial holder statements) and are making some interest on the loaned shares, shorters who borrowed the shares tripped retail stop losses while doing their work while the holders of the aforementioned shares look forward to dividends from SYR eventually.


    IMO the same instos who paid $3.38 per share less than 18 months ago still think SYR will be trading well into the $4 range soon.


    good luck to traders selling at $1.60, taking profits i can understand but strueth I'm going to skin this pig a bit more.


    GLAH DYOR


 
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Last
24.0¢
Change
-0.005(2.04%)
Mkt cap ! $248.3M
Open High Low Value Volume
24.5¢ 25.0¢ 24.0¢ $1.021M 4.204M

Buyers (Bids)

No. Vol. Price($)
30 1014192 24.0¢
 

Sellers (Offers)

Price($) Vol. No.
24.5¢ 190056 6
View Market Depth
Last trade - 16.10pm 13/11/2024 (20 minute delay) ?
SYR (ASX) Chart
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