I think the shorts believe the Syrah will not deliver on their promise to begin production from Vidalia in the 4th quarter.
we have heard nothing as yet. Take that however way you want, but only 6 weeks to go and still no announcement.
If there is a delay or the product is not up to standard, the plant could be halted temporarily until issues are ironed out.
Pressure is on Mr Vernor. He can't blame China for anyfailure of the plant. And if he doesn't and the share price get knocked down again, he could soon be ousted as CEO.
Its called accountability to the shareholders. And Mr Vernor has had long enough I'm afraid.
I think the shorts believe the Syrah will not deliver on their...
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Last
38.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $398.4M | |||
| Open | High | Low | Value | Volume |
| 39.0¢ | 40.0¢ | 38.5¢ | $1.688M | 4.338M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 198997 | 38.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 39.0¢ | 8127 | 2 |
View Market Depth
| Last trade - 16.10pm 17/06/2024 (20 minute delay) ? |
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Last
38.5¢ |
Change
0.000 ( 1.33 %) |
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| Open | High | Low | Volume | ||
| 39.0¢ | 39.8¢ | 38.5¢ | 4314193 | ||
| Last updated 15.59pm 17/06/2024 ? | |||||
| SYR (ASX) Chart |
