SYR 2.74% 35.5¢ syrah resources limited

The way SP is tanking, it is highly likely SYR may be heading...

  1. 1,178 Posts.
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    The way SP is tanking, it is highly likely SYR may be heading for a hostile take over considering there is no plant ready with equivalent capacity of SYR outside China.

    The price war was simply to keep supply monopoly from China and even BTR Indonesia (which is subsidiary of BTR China) still playing the game keep Balama ideal. I have bought my average down as 35C is 3 years low, oversold and all indicator reveal that reversal is quite imminent.
 
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35.5¢
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Mkt cap ! $367.3M
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35.5¢ 37.0¢ 35.0¢ $2.274M 6.355M

Buyers (Bids)

No. Vol. Price($)
13 189831 35.0¢
 

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Price($) Vol. No.
36.0¢ 53310 3
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