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
While every indicator show, SYR is good buy because:Shorts are...
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Last
33.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $346.6M | |||
| Open | High | Low | Value | Volume |
| 33.5¢ | 34.0¢ | 33.0¢ | $1.826M | 5.453M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 39 | 1485715 | 33.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 33.5¢ | 148900 | 1 |
View Market Depth
| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| SYR (ASX) Chart |