Also be aware that the Chinese will be endeavouring to manipulate both demand and price in the G market to simply make it hard for SYR to get some runs on the board. Very reminiscent of Lynas about 10 years ago when LYC was in start-up mode in Malaya – rare earth prices were all over the place- as a result of deliberate Chinese influence - almost to the point where LYC went under. Fortunately LYC survived but now that it is a successful producer and competitor the Chinese are still at it but now through their influence over sections of the Malayan government. Apart from demand and price manipulation of graphite I would have no doubt the Chinese are big time in the shorting of SYR as well. Anything to hinder the path of SYR to a productive and profitable producer of battery grade graphite. So expect the SP of SYR to be volatile for some time yet.
Incidentally the Board of SYR would be enhanced considerably with the inclusion of Amanda Lacaze CEO of LYC – just a wealth of experience in the total renewable energy business.
redgum
Also be aware that the Chinese will be endeavouring to...
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Last
48.5¢ |
Change
0.025(5.43%) |
Mkt cap ! $416.0M | |||
| Open | High | Low | Value | Volume |
| 46.5¢ | 48.5¢ | 46.5¢ | $1.182M | 2.478M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 27302 | 48.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 48.5¢ | 74015 | 5 |
View Market Depth
| Last trade - 16.10pm 10/05/2024 (20 minute delay) ? |
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Last
48.0¢ |
Change
0.025 ( 4.30 %) |
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| Open | High | Low | Volume | ||
| 47.0¢ | 48.5¢ | 47.0¢ | 620222 | ||
| Last updated 15.59pm 10/05/2024 ? | |||||
| SYR (ASX) Chart |