SYR 2.94% 52.5¢ syrah resources limited

Backed by US and Aus. governments, already has deals with majors...

  1. klu
    737 Posts.
    lightbulb Created with Sketch. 103
    Backed by US and Aus. governments, already has deals with majors such as TESLA, Samsung etc, a low cost producer and high grad and largest resources, SYR is my No 1 choice for graphite, a definite buy and hold for me. Another interesting factor is that it already produces but there is no significant debt. which helps a lot for survive in the down period of the circle. At moment, the sale price is lower than the cost, this situation will not last long according to my experience with RE (LYC), gold (NCM), oil (STO), and lithium (PLS and AVZ) - all multi-bag winers.

    So often, the bottom of the SP occurs when the shorts are at/near the peak. Seems the short peak (9.05%, or 61 million) past a few days ago. There are 56 m shorts right now. I added more today.
 
watchlist Created with Sketch. Add SYR (ASX) to my watchlist
(20min delay)
Last
52.5¢
Change
0.015(2.94%)
Mkt cap ! $449.8M
Open High Low Value Volume
51.5¢ 54.5¢ 51.5¢ $2.473M 4.648M

Buyers (Bids)

No. Vol. Price($)
4 309565 52.0¢
 

Sellers (Offers)

Price($) Vol. No.
52.5¢ 48436 3
View Market Depth
Last trade - 16.10pm 30/04/2024 (20 minute delay) ?
Last
52.5¢
  Change
0.015 ( 3.14 %)
Open High Low Volume
52.5¢ 54.5¢ 52.0¢ 455108
Last updated 15.58pm 30/04/2024 ?
SYR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.