We need a GameStop moment. There is no existential threat to this company. Assuming no black swan event the prices and volumes will go up and while it may be another six month to a year SYR will be profitable. China cannot force prices down any more because they are unprofitable and Chinese firms are facing bankruptcy. In fact graphite prices even in China have been incrementally increasing as well.
Tariffs and trade wars are on the way. It’s messy but the medium term future is looking very different.
We need a GameStop moment. There is no existential threat to...
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Last
26.5¢ |
Change
-0.035(11.7%) |
Mkt cap ! $274.2M | |||
| Open | High | Low | Value | Volume |
| 29.0¢ | 29.0¢ | 26.3¢ | $4.427M | 15.99M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 609965 | 26.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 27.0¢ | 75000 | 2 |
View Market Depth
| Last trade - 16.10pm 25/07/2024 (20 minute delay) ? |
| SYR (ASX) Chart |