Syrah will be taken over within the next 4 months.
it needs someone with deeper pockets to get things to where it is can go; Verner dumped too much stock on the market and the Chinese git it for far less than Breakeven price - Vernor burned through $100 million in cash in doing so.
thats why it will be sold off. My bet is it is worth $1 Billion do it should fetch $2.30 to $2.50.
key is not to sell out too early.
Graphite Price, page-73
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Last
21.5¢ |
Change
-0.010(4.44%) |
Mkt cap ! $222.5M | |||
| Open | High | Low | Value | Volume |
| 23.0¢ | 23.0¢ | 21.5¢ | $1.058M | 4.817M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 20 | 643796 | 21.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.0¢ | 173846 | 5 |
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| Last trade - 16.10pm 15/08/2024 (20 minute delay) ? |
| SYR (ASX) Chart |