SYR 0.00% 22.5¢ syrah resources limited

The tide is out...., page-25

  1. 16 Posts.
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    Handy I really wouldn't expect my post to have much impact considering shorters account for ~17% of this stock and have shown themselves to be more than adept at driving down the sp.
    I am extremely disappointed in mgmt and feel over the years they haven't been as open with shareholders as they should have. Most people generally base a large part of their investment decisions on information provided by the company. For me the qtrly release was the straw that broke the camels, a $550/t production cost based on forecast $400-450/t (guidance from last cap raise only 4mths back) is unacceptable.
    If you reread my post look at my view on sp movement. If you buy now and are happy to hold for longer than 6mths then you'll probably get a reasonable return.  Though I'm not willing to buy more to average down, I'd rather wait to see how the g market and Balama develop from here. Hopefully no more mgmt surprises!!
 
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Mkt cap ! $232.8M
Open High Low Value Volume
22.5¢ 23.0¢ 21.5¢ $553.7K 2.540M

Buyers (Bids)

No. Vol. Price($)
16 466589 22.0¢
 

Sellers (Offers)

Price($) Vol. No.
22.5¢ 237636 14
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