Anything is possible.
My view is that SYR would have a few suitors currently, some real, some 'tyre-kicking'.
The pressure right now is on SYR and to buy SYR is to buy risk (and pressure). Graphite is yet to be proven to be profitable, by anyone - SYR will be the first to prove it (IMO).
I understand the hope is that it gets bought today for a song of approx. $2-3 and may be worth $10-20 whenever this EV market hits its straps.
From the purchaser's perspective, Ideally, it will be bought for a little bit more than today's rate, once those that have today's risk and pressure show positive relief - it would be silly for a purchaser to buy before that, as they can just watch at the moment and act really interested.
Time and patience are with the purchaser(s), I feel.
Anything is possible.My view is that SYR would have a few...
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Last
48.0¢ |
Change
0.005(1.05%) |
Mkt cap ! $411.8M | |||
| Open | High | Low | Value | Volume |
| 47.5¢ | 49.0¢ | 47.5¢ | $778.4K | 1.613M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 64981 | 48.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 48.5¢ | 98339 | 3 |
View Market Depth
| Last trade - 16.10pm 14/05/2024 (20 minute delay) ? |
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Last
48.0¢ |
Change
0.005 ( 0.86 %) |
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| Open | High | Low | Volume | ||
| 47.5¢ | 49.0¢ | 47.5¢ | 405092 | ||
| Last updated 15.59pm 14/05/2024 ? | |||||
| SYR (ASX) Chart |