All these stories are like a broken record. Unfortunately the numbers don’t lie. No demand for natural graphite atm and the company is bleeding money. Big question is whether they are going to survive in the short to medium term if there continues to be no demand for natural graphite.
Ex-China AAM plants may save them but it’s going to take time which means more cash burn.
Graphite export restrictions could finally be the push, page-6
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Last
31.3¢ |
Change
-0.008(2.34%) |
Mkt cap ! $331.1M | |||
| Open | High | Low | Value | Volume |
| 31.5¢ | 32.0¢ | 31.3¢ | $216.1K | 686.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 31 | 1419531 | 31.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 31.5¢ | 152258 | 9 |
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| Last trade - 10.25am 10/07/2024 (20 minute delay) ? |
| SYR (ASX) Chart |