SYR 1.03% 49.0¢ syrah resources limited

easier said than done with retrospective glasses knowing that...

  1. 531 Posts.
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    easier said than done with retrospective glasses knowing that the SP is where it is today but march was a different beast

    I for one went hard when under 20c and managed to get my average down to 68c so TODAY! is the first time in years I am actually ahead in this stock which feels pretty dam good ( and also very tempting to just cut and run with lessons learnt)

    I like most long termers looked pretty hard at the loss number in my account trying to justify ploughing yet more money into the sinking ship when we were trading at our lows. and my wife took A LOT of convincing to average down yet again in this. I still feel this is a great long term play so was happy to have one last throw at this

    the concern atm for me is the amount of rise on no news or justification for it. (from my perspective anyway) I realise BAM is looking good and was the main reason for my entry to begin with but we have a non working mine with no revenue atm and bleeding money also the short position is still around 4% of register.

    either way happy to sit and watch this unfold and would love to see this clear $1 again and well beyond.
 
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