I reckon, AAM delivery news to Tesla should be announced before June closing. BTR Indonesia and DoE energy loan could be next catalyst. With short position declining for last few weeks confirms the turn around is not far as natural Graphite price in China has seen price increase last month.
The recent tariff imposed by EU on Chinse EV and USA are positive news, however until we see SP appreciation, wait and watch is the best strategy. The current SP looks significantly undervalued considering the recent CR was at 55C.
DYOR, Not a buy or sell advice !
I reckon, AAM delivery news to Tesla should be announced before...
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Last
35.0¢ |
Change
-0.005(1.41%) |
Mkt cap ! $362.2M | |||
| Open | High | Low | Value | Volume |
| 35.0¢ | 35.0¢ | 34.0¢ | $683.3K | 1.975M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10000 | 34.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 35.0¢ | 61246 | 3 |
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| Last trade - 16.10pm 01/07/2024 (20 minute delay) ? |
| SYR (ASX) Chart |