I've been disappointed in the way the company sells itself. We should have known about the 45kt of orders for last quarter before the quarter was over. They should have reported a major increase in demand. It had major global ramifications on the supply side within China and not to mention the price. I couldn't understand why the Chinese didn't want any from us when from all reports they should be screaming for it.
If they reported the 45kt demand and said because of the global shipping delays they can only ship 30kt, the prices might have started going up earlier.
Anyway, less than 40 days before the FID is announced and you don't employ 5 Mechanical Engineers if "it might happen". You wait until it is happening.
Graphite Price, page-516
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Last
31.5¢ |
Change
0.005(1.61%) |
Mkt cap ! $325.9M | |||
| Open | High | Low | Value | Volume |
| 31.5¢ | 32.0¢ | 30.8¢ | $1.400M | 4.458M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 60539 | 31.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 32.0¢ | 80900 | 5 |
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| Last trade - 16.10pm 11/07/2024 (20 minute delay) ? |
| SYR (ASX) Chart |