SYR 2.27% 22.5¢ syrah resources limited

Wow the last cap raise from last year of 100m$ (avoiding risk of...

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  1. 1,904 Posts.
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    Wow the last cap raise from last year of 100m$ (avoiding risk of bankruptcy) didnt last and here we are again at another circa 100m$ cap raise (with a clear path to profitability)....talk about dilution.....and at 2.23$ per share....very possible shorts will drive this to under 2$ per share over the coming months....unless syrah proves it can become profitable by end of 2018 otherwise easy olay for shorts betting on under 2$ price per share by how much shorts are willing to risk their capital whp knows maybe they armez betting on 1.50$ per share ? The good news is that no more pressure in terms of cash and working capital with this cap raise (last one beflre profitability ? Lets hope so)
    Last edited by DoctorFouad: 04/09/18
 
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Last
22.5¢
Change
0.005(2.27%)
Mkt cap ! $232.8M
Open High Low Value Volume
22.0¢ 22.5¢ 21.5¢ $214.6K 987.7K

Buyers (Bids)

No. Vol. Price($)
8 95773 22.0¢
 

Sellers (Offers)

Price($) Vol. No.
22.5¢ 344799 19
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Last trade - 14.08pm 29/11/2024 (20 minute delay) ?
SYR (ASX) Chart
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