My thoughts. Given the whole renewables sector has been targeted - related companies across the board from lithium - graphite - rare earths and more have been deliberately targeted.
Why - the insto's were late to the exponential growth of the renewables sector and all the top govs globally investing in such along with Tier 1 global - household name companies. Also the insto's preferred to wait until the risk side of this global energy transition was removed - I mean the reality is clear for all to see now --- the facts are now - not conception stage anymore.
So the insto's collude as they do - by shorting renewables companies as a strategic way to load up with millions of shares in many companies at a low premium through what the ASX here says is legal. When they have their bags full literally free of charge - a little interest on shares borrowed - commission and a fees - of course they will reverse their strategy and push share prices of their new aquisitions north to new highs - when? could be a while yet but as 2easy2 advised - they are running out of shares to short here having relieved those retail whom could not - chose not to hold and leaving insto's (2-3-4 maybe) just trading pips between themselves.
- Forums
- ASX - By Stock
- SYR Charts
My thoughts. Given the whole renewables sector has been targeted...
-
- There are more pages in this discussion • 287 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
|
|||||
Last
23.5¢ |
Change
0.005(2.17%) |
Mkt cap ! $243.1M |
Open | High | Low | Value | Volume |
23.5¢ | 24.5¢ | 23.5¢ | $703.0K | 2.946M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
9 | 211145 | 23.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
24.0¢ | 110000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 63284 | 0.235 |
18 | 397267 | 0.230 |
8 | 428208 | 0.225 |
12 | 610989 | 0.220 |
6 | 511107 | 0.215 |
Price($) | Vol. | No. |
---|---|---|
0.245 | 174114 | 3 |
0.250 | 303056 | 7 |
0.255 | 216147 | 5 |
0.260 | 251811 | 5 |
0.265 | 76717 | 3 |
Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
Featured News
SYR (ASX) Chart |