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Ann: Change of Director's Interest Notices x3, page-5

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skinsy11

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06/01/22

15:42

Post #: 58684771
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Originally posted by maplelegion: ↑

Good informative post .
Given the likely positive news in the Syrah story in the near term , quite surprising there is a "bulk "selling order from one holder at 2 mill shares , coming on in one hit at 15c .
A lift in the SYR price to $2 or better on the FID news and /or a positive Quarterly Report by end of January , may well see the second condition re tranche 2 pass the 17c benchmark surpassed and head towards the 21c third condition .
So someone ( or entity ) seeing the same possibility , might well have a throw at the stumps and take out the 15c .
AIMHO

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We should not loose sight of teh fact that a former director bought shares in excess of the 20% takeover threshold. This was reproted to ASIC. It is normal for ASIC to require divestment of the excess shares. This might be some of the 2m shares at 15c.

CSE Price at posting: 13.5¢ Sentiment: Hold Disclosure: Held
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