SYR 4.35% 22.0¢ syrah resources limited

This stock has been on my watching list for over a year, finally...

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  1. klu
    551 Posts.
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    This stock has been on my watching list for over a year, finally bought the first ever load today.  Reasons for the buy:

    1) "Q1 cashflow positive" is a significant millstone.  In addition;

    2) Demand increases exponentially; 

    3) Graphite price looks like to have bottomed out in long-term;

    4) Like rare earth, graphite production is dominated by China (75%), and therefore it's of strategically importance for USA and Japan to have alternative suppliers - price premium (seemly they already achieved it); and

    5) Good discount to the placement price a few months ago.    


    Hope it's right decision.


 
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Last
22.0¢
Change
-0.010(4.35%)
Mkt cap ! $232.8M
Open High Low Value Volume
23.0¢ 23.5¢ 21.8¢ $592.6K 2.639M

Buyers (Bids)

No. Vol. Price($)
4 40540 22.0¢
 

Sellers (Offers)

Price($) Vol. No.
22.5¢ 132427 6
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Last trade - 16.10pm 28/11/2024 (20 minute delay) ?
SYR (ASX) Chart
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