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34.0¢ syrah resources limited

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Pippo17

3,188 Posts.

259

23/11/20

20:26

Post #: 49081709
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Originally posted by Motors: ↑

No news!!!, what the!!!. Just about every global automaker has come out over the last month and pledged more dollars on EV's ..Since Biden's win US automakers have really ramped up their budgets (I think it was GM that came out last week with another billion on development) , and it's not just EV's, renewal power generators (the other sweet spot) are looking to add batteries to solve latency issues with renewables (solar/wind). And then throw in the ex-china producer thematic. The news is non-stop c/w 2018/20. So what happens is the graphite we are sitting on is steadily increasing in value, despite company specific news being light on, it's coming though.

I can see retail is still the major seller, retail did all the buying sub 30 cents and continues to flip them out, this current rally is not retail driven which is one of the many reasons I see more upside. . Interesting buyer through Barclays at the moment (corporate interest maybe, we must be a target), I see short covering, but it's not the key driver , we've gone from 22 million shorted last month to around 17 million as of last week, so around 500,000 to 700,000 shares of buying a day is short covering...

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agree !! sentiment has changed and is continuing to change that's better then news !!

SYR Price at posting: 76.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 34.0¢		Change -0.005(1.45%)		Mkt cap ! $351.8M

Open	High	Low	Value	Volume
35.0¢	35.5¢	33.5¢	$887.1K	2.572M

Buyers (Bids)

No.	Vol.	Price($)
27	638590	33.5¢

Sellers (Offers)

Price($)	Vol.	No.
34.0¢	142516	13

View Market Depth

No.	Vol.	Price($)
23	458319	0.335
19	447144	0.330
10	666063	0.325
16	857727	0.320
4	274225	0.315

Price($)	Vol.	No.
0.340	163438	14
0.345	267958	20
0.350	328522	13
0.355	267475	6
0.360	131964	6

Last trade - 10.49am 25/06/2024 (20 minute delay)

SYR (ASX) Chart