SYR 2.22% 22.0¢ syrah resources limited

Ann: Share Purchase Plan Update, page-8

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  1. 93 Posts.
    lightbulb Created with Sketch. 60
    i'm new investors in syrah resources. Before, i was watching share price and business developments from sidelines. Never thought i, would be able to buy syr at low price especially when its so close to production ram up and present valuation is ridiculous. No wonder, in 1 month short position is down by more than 5% and it will continue to be so. I don't understand why retail investors are choosing to sell at this stage of business cycle. At the end of the day, value of the syrah is driven by the graphite and its prospectus, which to me is more favourable than ever. Fire and production delays are part and parcel of establishing big mining companies. And for me it gave me an opportunity to jump in. Has value of syrah as a business have been changed after fire? for me answer is no so i bought more stocks at this low price.
    Last edited by valueinvesting: 10/10/18
 
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Last
22.0¢
Change
-0.005(2.22%)
Mkt cap ! $232.8M
Open High Low Value Volume
22.5¢ 23.0¢ 21.5¢ $1.244M 5.635M

Buyers (Bids)

No. Vol. Price($)
4 116777 22.0¢
 

Sellers (Offers)

Price($) Vol. No.
22.5¢ 52000 2
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Last trade - 16.10pm 25/11/2024 (20 minute delay) ?
SYR (ASX) Chart
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