SYR 2.27% 21.5¢ syrah resources limited

Discussing valuation, page-20

  1. 756 Posts.
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    Cartex you have quoted an article about a German conglomerate that has failed to raise the money to build a battery factory in Europe, because they are being undercut by Asian companies. This doesn't really support the point you were trying to make - it just suggests the Asian companies are moving faster in this area (perhaps they already have the experience). The article seems to suggest the EU is actually trying very hard to motivate industry to manufacture batteries, but that the start-up costs seem prohibitive - at least for European companies.


    Thanks though for your contributions, as it is always good to hear different viewpoints. Though as much as some people love this stock, you seem equally to hate it.. it seems to me that you are keen to short the battery 'hype', and have targeted SYR as the weak link. Good strategy so far! But have you maybe fallen as much in love with your short theory as others are in love with the long theory?

 
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Last
21.5¢
Change
-0.005(2.27%)
Mkt cap ! $232.8M
Open High Low Value Volume
22.0¢ 22.0¢ 21.5¢ $34.93K 160.4K

Buyers (Bids)

No. Vol. Price($)
19 695669 21.5¢
 

Sellers (Offers)

Price($) Vol. No.
22.0¢ 165929 12
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Last trade - 10.39am 29/11/2024 (20 minute delay) ?
SYR (ASX) Chart
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