I hold 270,000 shares holding 960,000 at one point.
While in theory there has never been a better time to buy I feel more uncomfortable about the communication.
My understanding there is a Investor update mid nov that should clarify if any further capital raising is required.
Getting this close to production now why is the shareprice continuing its move south. Is this all just short selling manipulation.
A new CEO is needed and confirming if any further debt or capital raising is required and firm offtake agreements rather than MOU.
I am less worried about the political situation and sovereignty in MOZ than I am SYR being able to deliver.
I will hold this level and look to accumulate very slowly but the pricing is starting to remind me of the risk involved.
I'm surprised someone isn't thinking takeover time at this point?
SYR how low can it go
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Last
35.5¢ |
Change
-0.010(2.74%) |
Mkt cap ! $367.3M | |||
| Open | High | Low | Value | Volume |
| 35.5¢ | 37.0¢ | 35.0¢ | $2.274M | 6.355M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 189831 | 35.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 36.0¢ | 53310 | 3 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| SYR (ASX) Chart |