Looks like a sophisticated investor. Perhaps ready to trade this stocks ups and downs over the next 2 years, until it becomes a must have in all peoples portfolio kind of stock! Of corse this is just a guess, however that’s all us other investors get to do when we see these announcements pop up.
Im not smart enough to play that game, I just sit and hold until the money comes to me. The ups and downs just make holding a company more interesting until pay day.
The middle term fundamentals for SYR look attractive to me, however graphite seems to be playing the poor cousin to other battery materials and chemicals at this moment,.
One day soonish however the Anode side will be just as important as the Cathode side in the supply and demand situation.
All just my opinion, and DYOR as I have no idea why anyone would want to leave SYR now except they need to move the cash around for some good reason.
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