No. The SP is being manipulated by bots in a low volume environment. Every second trade is by a bot not investors.
All I'm concerned about are the fundamentals and the LIB world is SYR's oyster. On the anode side SYR is in position A. Demand has now caught up to Balama which for the last 2 years I've been saying would happen. You just needed to be patient. The shipping crisis didn't help but it's effectively over.
ICE sales are down and EV sales are up. Same goes for PHEV versus BEV's. Overall, you don't need to sell more vehicles to increase graphite demand. Just the right type of vehicles which is what is happening. It's the same as mines having the right type of graphite. SYR has it in spades.
No. The SP is being manipulated by bots in a low volume...
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Last
32.5¢ |
Change
0.010(3.17%) |
Mkt cap ! $336.3M | |||
| Open | High | Low | Value | Volume |
| 32.0¢ | 33.5¢ | 31.5¢ | $1.380M | 4.243M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 126793 | 32.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 33.0¢ | 209602 | 3 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| SYR (ASX) Chart |