It should be interesting to see whats going to happens to the share price when the short sellers have to buy back roughly $60M worth of shares.....
I am surprised they are targeting this stock. It looks to me as the underlying intrinsic value supports at least the current price. There is some also some good upside potential.
If I were to look around the graphite sector on the ASX there are much more interesting shorting prospects IMO.
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Last
22.5¢ |
Change
0.005(2.27%) |
Mkt cap ! $232.8M |
Open | High | Low | Value | Volume |
22.5¢ | 23.5¢ | 22.5¢ | $406.0K | 1.779M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
11 | 230650 | 22.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
23.0¢ | 61000 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
11 | 230650 | 0.225 |
30 | 800886 | 0.220 |
8 | 526248 | 0.215 |
17 | 623646 | 0.210 |
8 | 327861 | 0.205 |
Price($) | Vol. | No. |
---|---|---|
0.230 | 61000 | 2 |
0.235 | 167201 | 5 |
0.240 | 132376 | 5 |
0.245 | 180656 | 3 |
0.250 | 293056 | 6 |
Last trade - 16.10pm 14/08/2024 (20 minute delay) ? |
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SYR (ASX) Chart |