SYR 3.17% 30.5¢ syrah resources limited

What surprises me attitude of the SYR management, they have put...

  1. 1,203 Posts.
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    What surprises me attitude of the SYR management, they have put their head in sands and no updates at all from last quarter. If BoD were happy to buy at 55C what not at 30.5C when share price is 3 years low (not 52 weeks). The Market capital is pushed down to AUD$317M ($213M USD) which is ridiculous in itself considering $215 USD don't even cover building Balama plant alone (excluding world largest Graphite resource reserve). Vidalia operational project itself is valued at $100M with as Vidalia 45ktpa expansion project itself requires $150USD.

    The City group/JP Morgan possibly made money shorting 40M shares, however what they are supporting is Chinese agenda in Graphite cartel. I hope things will change after November US election. Whoever wins, needs to ensure Graphite supply is secured outside of China and in current environment No One except SYR can supply outside of China. My average is now 39.5C (thanks to shorters)
 
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Last
30.5¢
Change
-0.010(3.17%)
Mkt cap ! $315.6M
Open High Low Value Volume
32.0¢ 32.0¢ 30.5¢ $788.9K 2.550M

Buyers (Bids)

No. Vol. Price($)
21 479175 30.5¢
 

Sellers (Offers)

Price($) Vol. No.
31.0¢ 234857 7
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Last trade - 16.10pm 18/07/2024 (20 minute delay) ?
SYR (ASX) Chart
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