SYR 1.65% 46.3¢ syrah resources limited

50c support broken Going back to 40c Short positions are 13.5%...

  1. 112 Posts.
    lightbulb Created with Sketch. 53
    50c support broken

    Going back to 40c

    Short positions are 13.5% of the float

    Still #2 most shorted stock on the ASX

    One must wonder why that may be

    Where, when, and HOW will SYR become profitable. That is the million dollar question. Give me an answer.

    The answer is they are not profitable and cannot sustain their operations organically

    until then there will always be negative cash flow and continuous capital raises

    Shorters know this and are capitalising on it

    DYOR IMO
 
watchlist Created with Sketch. Add SYR (ASX) to my watchlist
(20min delay)
Last
46.3¢
Change
0.008(1.65%)
Mkt cap ! $478.6M
Open High Low Value Volume
46.0¢ 47.5¢ 45.8¢ $1.175M 2.525M

Buyers (Bids)

No. Vol. Price($)
37 195388 46.0¢
 

Sellers (Offers)

Price($) Vol. No.
46.5¢ 78641 22
View Market Depth
Last trade - 12.28pm 06/06/2024 (20 minute delay) ?
Last
46.0¢
  Change
0.008 ( 0.17 %)
Open High Low Volume
46.5¢ 47.0¢ 46.0¢ 1009244
Last updated 12.21pm 06/06/2024 ?
SYR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.