Nope.
Downtrend will break long before SYR reaches profitability as Instos will begin positioning to go long (buying back shorted shares)
Currently being shorted backwards and forwards between the funds.
Question is at what price have they all decided to up stumps and go long?
Cheers
DYOR IMO
General Discussion, page-1092
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Last
29.0¢ |
Change
-0.010(3.33%) |
Mkt cap ! $300.1M | |||
| Open | High | Low | Value | Volume |
| 30.0¢ | 30.0¢ | 29.0¢ | $817.2K | 2.786M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 340333 | 29.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 29.5¢ | 315277 | 5 |
View Market Depth
| Last trade - 16.10pm 01/11/2024 (20 minute delay) ? |
| SYR (ASX) Chart |