SYR 3.39% 28.5¢ syrah resources limited

The fundamentals are not where my head is at with this...

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  1. 139 Posts.
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    The fundamentals are not where my head is at with this stock.

    From what I understand from reading and speaking with people I know, it is likely a few years before any significant increases in graphite, but if you wait for it then the growth should be good.

    In my opinion of you are serious about taking on a long term position in this stock, then you should wait for it to retest 48c and consider your options.

    And spare a thought for the long term holders who would have recently rode it up to 70c and all the way back down again...

    For me, this stock is for trading only.
 
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