Motley fool is right. Graphite prices are not improving and they are still losing money.
My belief is they are gonna halt production, out the plant on care and maintenance. That would take 200,000 tonnes out of the market. Prices then should improve over 6 to 9 months.
Exoect a big drop on Tuesday. Below 50 cents per share.
Maybe this is what China wanted. Then try and buy Syrah for a cheap price.
Motley fool is right. Graphite prices are not improving and they...
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Last
22.5¢ |
Change
-0.010(4.26%) |
Mkt cap ! $232.8M | |||
| Open | High | Low | Value | Volume |
| 23.5¢ | 23.5¢ | 22.5¢ | $1.802M | 7.921M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 24 | 1034048 | 22.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 23.0¢ | 443295 | 9 |
View Market Depth
| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| SYR (ASX) Chart |