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
Nope.Downtrend will break long before SYR reaches profitability...
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Last
49.0¢ |
Change
-0.025(4.85%) |
Mkt cap ! $419.8M | |||
| Open | High | Low | Value | Volume |
| 51.5¢ | 51.5¢ | 49.0¢ | $2.304M | 4.637M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 618511 | 49.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 49.5¢ | 71592 | 4 |
View Market Depth
| Last trade - 16.10pm 06/05/2024 (20 minute delay) ? |
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Last
49.0¢ |
Change
-0.025 ( 5.77 %) |
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| Open | High | Low | Volume | ||
| 51.0¢ | 51.0¢ | 49.0¢ | 1219056 | ||
| Last updated 15.59pm 06/05/2024 ? | |||||
| SYR (ASX) Chart |