Great comment cartex.
Investors are either going to find out the hard way that SyrahResources is over valued or do as over& under did and sell out and take his or hers profits and run.
Remember Syrah reported last month that selling prices are lower then expected and this confirms that Syrah will never make high enough profit to support it current high market value. Graphite mining business never has been that profitable to support a market value of over A1 Billion.
Port bottleneck, page-12
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Last
25.0¢ |
Change
-0.030(10.7%) |
Mkt cap ! $258.7M | |||
| Open | High | Low | Value | Volume |
| 27.0¢ | 27.0¢ | 25.0¢ | $1.320M | 5.179M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 30 | 1220614 | 25.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 25.5¢ | 259858 | 3 |
View Market Depth
| Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
| SYR (ASX) Chart |