The short covering flow has clearly begun (only 110 million more shares to buy back, 18.8% of issued capital) , but the technicals still remain extremely bearish below 68 cents, hence there is still alot of selling around .
"Technicals" versus "short covering flow" let's see who wins, because a combination of positive technicals and short covering could produce something quite spectacular if it happens.
Media Reports, page-3358
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Last
23.5¢ |
Change
0.005(2.17%) |
Mkt cap ! $243.1M | |||
| Open | High | Low | Value | Volume |
| 23.5¢ | 24.5¢ | 23.5¢ | $703.0K | 2.946M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 211145 | 23.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 24.0¢ | 110000 | 1 |
View Market Depth
| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| SYR (ASX) Chart |