Short volume had reduced from 17.5% to 14.6%, or by 10million shares in three days to last Friday. Looks that smart shorters are covering their bottoms,and are covering more on today's notice.
"o Majority of the Battery Anode Material Project capital expenditure spend for the spherical graphite processing site in Louisiana USA, is completed in Q12019; and
o Continued operational ramp up at Balama and focus on product mix of sales."
So, major capex completed, more operational cash flow will come in. SYR is at the reflection point and perhaps it's the best to buy imho.
Ann: Q1 2019 Interim Update, page-38
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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 |
View Market Depth
| Last trade - 16.10pm 28/11/2024 (20 minute delay) ? |
| SYR (ASX) Chart |
