SYR 4.35% 22.0¢ syrah resources limited

So if there is a group of investors working hard to force the...

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  1. 1,186 Posts.
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    So if there is a group of investors working hard to force the price down so they can profit from shorting, are this group related to whoever wants the price low for a takeover opportunity?

    I say this because if there is a take over offer announced it will send the share price soaring. This will happen in an instant, probably after a trading halt meaning shorters will suffer 3rd degree burns to 95% of their body. I find this an extremely unlikely scenario.

    So if these two groups are in cahoots then I would expect a rapid drop in % of stock shorted as the tell for a takeover. Along with the entire rest of the market.

    SYR is not getting a surprise takeover. It will be telegraphed obviously.
 
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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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