I believe interesting times are ahead, Shorters were down to 4m SP $2.50 in Dec 22, then the push was on by Mar 23, up to 18m, SP down to $1.60. Now Jun 23 up to 41m, SP down to $0.90. These are approx figures, for May & Jun the has been trading in a fairly narrow range $0.80 to $1. But as you can see the volume trading by Shorters increased dramatically (23m) as they continue to hold the SP down by committing to higher volume.
At some point in time they will need to return the shares, which means they need to purchase them back. My thinking is when SYR announce that the processing plant is operational then the SP will move upwards quite rapidly, driven not only by the Shorters but also the market. With all the articles coming out about Graphite and SYR being in the thick of it all, there is going to be a lot of companies jumping onboard. I have taken my own advice and acquired more shares, last time the SP was here SYR only had the mine and very little interest outside. Now everyone is aware that China is stifling the competition, even the different Govt are getting involved as they know it isn't in the western world interests to have SYR fail.
- Forums
- ASX - By Stock
- SYR
- SYR Charts
SYR Charts, page-2893
-
- There are more pages in this discussion • 454 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SYR (ASX) to my watchlist
(20min delay)
|
|||||
Last
22.0¢ |
Change
-0.005(2.22%) |
Mkt cap ! $227.6M |
Open | High | Low | Value | Volume |
22.0¢ | 23.3¢ | 21.5¢ | $638.1K | 2.853M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 64122 | 22.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
22.5¢ | 11500 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 64122 | 0.220 |
4 | 110501 | 0.215 |
8 | 235309 | 0.210 |
13 | 332135 | 0.205 |
28 | 1263689 | 0.200 |
Price($) | Vol. | No. |
---|---|---|
0.225 | 11500 | 2 |
0.230 | 194425 | 12 |
0.235 | 168466 | 6 |
0.240 | 282470 | 7 |
0.245 | 279399 | 7 |
Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
Featured News
SYR (ASX) Chart |
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
Simon Kidston
Non--Executive Director
SPONSORED BY The Market Online