It's a bad time for anyone who bought SYR in the last few months, what are holders thoughts? I'm thinking I'll go down with the ship, on paper everything seems good and should go higher so I might stick with it and hope
Marchi84 you are so correct. However I would add it is also a really bad market for flake graphite. Supply/capacity up and market prices down. The battery market demand is just not growing fast enough to consume all the excess capacity thus market prices will remain low for many years to come.
Syrah is going to experience the difficult graphite market conditions. As I see it Syrah will need a lot more working capital then the 50M they are discussing if they are going to survive.
This is why the share price is decreasing. The market is waking up and realizing that Syrah is overvalued.
My advise to investors is wait for share price to drop below 1 per share before you invest.
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Last
21.0¢ |
Change
0.010(5.00%) |
Mkt cap ! $217.3M |
Open | High | Low | Value | Volume |
20.5¢ | 21.0¢ | 20.0¢ | $278.6K | 1.346M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
9 | 172414 | 20.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
21.0¢ | 33436 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 149575 | 0.205 |
21 | 574619 | 0.200 |
15 | 830084 | 0.195 |
18 | 1139052 | 0.190 |
3 | 355000 | 0.185 |
Price($) | Vol. | No. |
---|---|---|
0.210 | 33436 | 2 |
0.215 | 66000 | 2 |
0.220 | 264991 | 3 |
0.225 | 280456 | 7 |
0.230 | 75000 | 3 |
Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
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