The company stating that they will start to generate positive cashflow in the Q2.
They also fine tune their production to increase fines and coarse flake grahites to ratio 70% : 30%.
They will produce more coarse flake products in the future as the pricing can fetch up to US$1900/t.
Most shorters and day traders trade based in chart and we hitting $1.20 support level. They will test to break this again, once failed they will have to recover their positions. Wait until end of day to see the results, next week we will probably see more green candles.
So a little bit of history, page-10
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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 |
