So another "chapter" today in the Syrah history !
Shorts are out celebrating ….several days leading into the anticipation of the S@P DOW indices March rebalance , robotic trading and accumulation tactics lading into today , when the Rebalance is announced ...and Syrah stays in by the skin of a microscopic piece of
spherical graphite !!!!!
The shorts are greedy , covering and accumulating has instigated an environment of fear ..or is it inside knowledge ???
Unlikely the latter .. despite any personal comments towards Board and direction/action , failure to comment on "significant events" ( good or bad ) ...lands you in big , big trouble ….and that's despite the toothless tigers ASX and Asic being your masters !
In the absence of an ASX PLEASE EXPLAIN , and /or a self imposed SYR response , I'm inclined to believe this is just a continued
manipulation of the share price and share registry ..ie wolves pack hunting !
Hopefully ...and its a hope and a prayer ...Australian Super might have moved to a higher than 15% holding in all these recent
machinations of significant holders , and/or another KEY INDUSTRY PLAYER has been accumulating ??
Retail holders have got nothing to do with recent selling ...just look at the trading …..classic domination by the very " institutions" Syrah has
issued shares to in capital raisings over 4 years !
Old saying ..rats with gold teeth will devour any "opportunity" given to them .
Lets see what the 2018 Annual Report reveals on Top 20 and Significant Holders …..
The Board may see themselves steering the HMAS Syrah …..totally delusional ……. the Institutes or hedge funds are in total control .
Maybe us plebs can recruit Steven Seagal and Under Siege 1992 to stand for a Directorship !!Lets see what happens ….maybe J ASKEW might google Seagal and look at the movie !!
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