SYR 3.77% 25.5¢ syrah resources limited

Balama Mozambique, page-290

  1. 379 Posts.
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    12 million shares traded today. 40 cents per share.

    Is someone building a stake with a view to taking it over. Or are the fundies buying up to drive the price up such that it stays in the ASX 300 index - and prevent Vanguard dumping its stake as a requlet of automatic rebalancing if it drops out (which it may have if it remained at 32 cents a share).

    If manipulation, it will come back towards the end of June 2020.
 
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