Ok so if there are approx 52M shares that are short, and there is a 10.5 for 1, that means that if the people that lent that stock want that entitlement, which i hope they do, it means that just under 5 M shares need to be purchased by October 5th just from them alone. Any thoughts on this - am i correct in this assumption? Happy to be corrected here if wrong, I'm just curious thus asking a question.
Another solid signed sales agreement from SYR and it could be $5-$6 in a heart beat and these shorters will have real issues, especially if all those who lent stock out suddenly all want it back.
Either way, I think this is about to get SUPER ugly for these shorters, and very quickly!!! Can you imagine the margin calls they all got in the last couple weeks - ouch!!!!! Serves them right and this is just the beginning of their pain I'm sure.
- Forums
- ASX - By Stock
- Ann: Syrah announces fully underwritten A$110M capital raising
Ok so if there are approx 52M shares that are short, and there...
Featured News
Add SYR (ASX) to my watchlist
(20min delay)
|
|||||
Last
23.5¢ |
Change
-0.005(2.08%) |
Mkt cap ! $243.1M |
Open | High | Low | Value | Volume |
24.0¢ | 24.3¢ | 23.5¢ | $996.3K | 4.180M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
16 | 777233 | 23.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
24.0¢ | 318031 | 9 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
14 | 742685 | 0.235 |
25 | 1551039 | 0.230 |
16 | 1599826 | 0.225 |
17 | 1104418 | 0.220 |
6 | 647708 | 0.215 |
Price($) | Vol. | No. |
---|---|---|
0.240 | 318031 | 9 |
0.245 | 58126 | 3 |
0.250 | 169888 | 6 |
0.255 | 191000 | 4 |
0.260 | 61300 | 3 |
Last trade - 16.10pm 14/11/2024 (20 minute delay) ? |
Featured News
SYR (ASX) Chart |