SYR 1.90% 51.5¢ syrah resources limited

So, with SP increase over the last few weeks, I have been asking...

  1. 128 Posts.
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    So, with SP increase over the last few weeks, I have been asking myself what is my exit price, as I am sure many readers here, have also been pondering. Well, the last few weeks have certainly changed the game, so whatever scenario I look at, over the next 1, 2 3, 5 or 10 years the signs look very attractive on a supply / demand / price metrics. So whilst there might be some ups and down, the trend for the long term certainly looks more up than down. Graphite prices rising weekly, costs coming down monthly. A perfect storm is brewing.
    I know if I sell (which I won't) in week or so for $2.60, I can see this company SP going to $4 plus in the short term (6 months), based on market cap alone this is a very cheap company at anything less than $4B. I believe now, it's not if they rejoin the ASX300, thats a given, it's when they join the ASX200 the SP will accelerate. I just see so many reasons NOT to sell this stock. What a dilemma I am in. I am an invetor, not a trader btw.

    I wonder whatever happened to Sentrypetal ???? cashed his chips in way to early I think !

    So what to do, nothing, but enjoy the ride and ignore the small pull backs that will inevitably occur from time to time.
    Just my thoughts,
 
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Last
51.5¢
Change
-0.010(1.90%)
Mkt cap ! $441.3M
Open High Low Value Volume
53.5¢ 53.5¢ 51.5¢ $1.648M 3.142M

Buyers (Bids)

No. Vol. Price($)
6 130445 51.5¢
 

Sellers (Offers)

Price($) Vol. No.
53.0¢ 42538 2
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Last trade - 16.10pm 03/05/2024 (20 minute delay) ?
Last
52.0¢
  Change
-0.010 ( 2.09 %)
Open High Low Volume
53.5¢ 53.5¢ 51.8¢ 877504
Last updated 15.59pm 03/05/2024 ?
SYR (ASX) Chart
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