The current SP is same as October 2020, when SYR did have minuscule production capacity with only $11M revenue. After Balama production ready to full capacity that has generated approximately $108M revenue and Vedalia funding shorted the price is still going down. You can't underestimate these powerful shorters (Morgan Stanley here) who is making money and all retail holders are looser who sell at this price.
The management is ever shy and do not have any production update to shareholders as how this will be resolved.
Media Reports, page-2088
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 (20min delay)
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Last
26.5¢ |
Change
-0.010(3.64%) |
Mkt cap ! $274.2M | |||
| Open | High | Low | Value | Volume |
| 28.0¢ | 28.0¢ | 25.8¢ | $1.673M | 6.264M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 998 | 26.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 27.0¢ | 80643 | 3 |
View Market Depth
| Last trade - 16.10pm 17/10/2024 (20 minute delay) ? |
| SYR (ASX) Chart |