The stock is misunderstood. The last quarterly had missed shipments and Balama still in the red. A positive FID along with a quarterly showing Balama making money with increased shipments will massively re-rate the stock.
Until then, investors think it is a stock with massive potential but things keep going wrong so they'll wait and see what happens first before jumping in. It's also tightly held with low volumes which means the SP can easily be pushed around. Today was only 1.3m. What we need is BGI to sell half his stock to increase the liquidity
Graphite Price, page-567
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Last
29.5¢ |
Change
-0.010(3.28%) |
Mkt cap ! $305.2M | |||
| Open | High | Low | Value | Volume |
| 30.5¢ | 31.5¢ | 28.8¢ | $1.303M | 4.397M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10000 | 29.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 30.0¢ | 178939 | 5 |
View Market Depth
| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| SYR (ASX) Chart |