There is still far too much FOMO parked retail cash in ASX Lithium stocks from early Covid. IMO they are all overvalued and will dramatically correct to the downside.
Graphite is almost the opposite. It never experienced the exponential rise. It also has utility - many different industries depend on it as well as it’s essential EV AAM applications.
Not to forget the volume requirements sourced Ex-China and a lack of any near/medium comparable supplier alternatives.
I still have a sizeable buy order waiting but I’m accumulating any dips.
Cheers
DYOR IMO
There is still far too much FOMO parked retail cash in ASX...
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Last
27.5¢ |
Change
-0.086(23.9%) |
Mkt cap ! $286.6M | |||
| Open | High | Low | Value | Volume |
| 29.0¢ | 30.0¢ | 27.5¢ | $3.214M | 11.37M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 18 | 695385 | 27.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 28.0¢ | 239652 | 22 |
View Market Depth
| Last trade - 11.23am 01/08/2025 (20 minute delay) ? |
| SYR (ASX) Chart |