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3.13%

23.3¢ syrah resources limited

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Tinek

21 Posts.

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01/04/24

09:08

Post #: 73133290
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Originally posted by randymac: ↑

They're also covering hard Sailor, shorts down 3.5% in just a week (from 17 to 13.5%), and that's 4 trading days delayed data.

Many are using this cap raising to cover and reduce their positions.

I personally think need to look through the short-term challenges and dreadful graphite price and market. It's all about the carving out of an ex-China supply chain, which after last year's export controls (and other market distorting behaviour) is now very much front and centre of Western Goverments' minds.

Watch the Offtake agreements continue to be signed, the DOE expansion funding come through, and an ex-China supply chain start to really take shape as full effects of the IRA come into force and wiser governments no longer leave themselves at the mercy of the CCP's whims and fair trade distorting practices.

There is simply no other upstream/downstream ex-china producer even close to Syrah's advanced position and capabilities.

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They only dropped because they created more shares. They didn't not cover 3.5% in a week... Its still at 110 million.
I may be incorrect....I would like to be incorrect.

Last edited by Tinek: 01/04/24

SYR Price at posting: 49.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 23.3¢		Change -0.008(3.13%)		Mkt cap ! $243.1M

Open	High	Low	Value	Volume
24.0¢	24.5¢	23.0¢	$662.4K	2.796M

Buyers (Bids)

No.	Vol.	Price($)
29	832714	23.0¢

Sellers (Offers)

Price($)	Vol.	No.
23.5¢	212155	19

View Market Depth

No.	Vol.	Price($)
28	776710	0.230
11	488454	0.225
18	465514	0.220
10	504113	0.215
6	51766	0.210

Price($)	Vol.	No.
0.235	460407	29
0.240	283061	15
0.245	483090	7
0.250	395492	13
0.255	153900	5

Last trade - 11.32am 08/08/2024 (20 minute delay)

SYR (ASX) Chart