Yes, The shorters have been trying hard to suppress the SP, which was a smart strategy before Chinese announcing graphite export control.
Last time when China placed export control on rare earth, Lynas benefited and has transformed into a multi billion company. With a world class asset and the backing of AU super & US DOE, and mass adoption of EV/power storage, SYR could emulate the Lynas success story.
Therefore I don't believe its a good idea to short SYR anymore
SYR Charts, page-3091
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Last
21.5¢ |
Change
-0.005(2.27%) |
Mkt cap ! $222.5M | |||
| Open | High | Low | Value | Volume |
| 22.0¢ | 22.5¢ | 21.5¢ | $329.4K | 1.501M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 153239 | 21.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.0¢ | 98001 | 3 |
View Market Depth
| Last trade - 16.10pm 18/09/2024 (20 minute delay) ? |
| SYR (ASX) Chart |