That wasn't the question I was asking. You are obviously confused between trend trading and counter.
Flip a n sp500, go to the gold forum and see how many thinks it is crashing? Like I suspected, this is the phase of shorter glory when the company is in the building phase and isn't generating revenue yet. I have no idea how low price can go but subject to no tech difficulties or big cost blowout in capex, the shorters are banking on a fantasy.
Ann: Syrah Achieves Significant Graphite Concentrate Upgrade-SYR.AX, page-24
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Last
34.0¢ |
Change
-0.005(1.45%) |
Mkt cap ! $351.8M | |||
| Open | High | Low | Value | Volume |
| 35.0¢ | 35.5¢ | 33.0¢ | $3.322M | 9.828M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 151206 | 33.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 34.0¢ | 129874 | 11 |
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| Last trade - 16.10pm 25/06/2024 (20 minute delay) ? |
| SYR (ASX) Chart |