Been thinking a little about the recent share price drop. At first I thought just got caught up in the Lithium sell off. My thought on that is that SYR are in graphite not lithium and graphite has seen a more moderate lift in price in comparison. Today the lithium stocks did ok in a very strong market but SYR was down again? The volumes have been rather large also given the time of year. So now maybe there is some issue with the MOU with LG? I think it could well be a timing issue with EOY but it could also be a positive and needed further time to thrash out?? Could be a negative also but given Tesla ok'd the material and by all accounts from SYR it stacks up, I don't see a negative. Also there will be a line up of potential customers if the battery expansion goes ahead as planned. So an alternative is a big holder selling or a short position being built?? All will be revealed soon enough I guess and at EOM we will have a good picture of Balama and freight issues. GLTA
Chart, page-19272
-
- There are more pages in this discussion • 1,635 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add BRN (ASX) to my watchlist
(20min delay)
|
|||||
Last
22.0¢ |
Change
-0.005(2.22%) |
Mkt cap ! $408.3M |
Open | High | Low | Value | Volume |
22.5¢ | 22.5¢ | 21.8¢ | $1.107M | 5.019M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 110458 | 22.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
22.5¢ | 355185 | 24 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 62894 | 0.220 |
14 | 327682 | 0.215 |
18 | 373513 | 0.210 |
22 | 841623 | 0.205 |
58 | 1855008 | 0.200 |
Price($) | Vol. | No. |
---|---|---|
0.225 | 153131 | 14 |
0.230 | 555942 | 14 |
0.235 | 384447 | 13 |
0.240 | 378618 | 12 |
0.245 | 587269 | 12 |
Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
Featured News
BRN (ASX) Chart |
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online