SYR 3.70% 26.0¢ syrah resources limited

General Discussion, page-1529

  1. 1,206 Posts.
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    While every indicator show, SYR is good buy because:

    • Shorts are covering their positions (gone from 2nd most shorted shares to 6th position)
    • SP is 52 week low and oversold condition
    • CEO/MD still holds almost 6.75M shares and have firm commitment to hold
    • US and EU strategic tariffs on Chinese EVs
    • BTR Indonesia (still a Chinese subsidiary) have off take offer which will consume Balama 50% production
    • Tesla 8Ktpa delivery
    • DoE loan approval
    • Only natural graphite company outside of China
    • bla bla

    The SP is still declining, where does this end ??

    Last time I bough around this price, the SP jumped within weeks to 62C with Chines Graphite ban news. Will the history repeat again, well time will tell
    Last edited by ExtraPace: 21/06/24
 
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Last
26.0¢
Change
-0.010(3.70%)
Mkt cap ! $269.0M
Open High Low Value Volume
27.0¢ 27.5¢ 26.0¢ $1.213M 4.534M

Buyers (Bids)

No. Vol. Price($)
37 940470 26.0¢
 

Sellers (Offers)

Price($) Vol. No.
26.5¢ 30745 1
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Last trade - 16.10pm 30/07/2024 (20 minute delay) ?
SYR (ASX) Chart
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