SYR 1.11% 22.3¢ syrah resources limited

Handy I really wouldn't expect my post to have much impact...

  1. 16 Posts.
    lightbulb Created with Sketch. 16
    Handy I really wouldn't expect my post to have much impact considering shorters account for ~17% of this stock and have shown themselves to be more than adept at driving down the sp.
    I am extremely disappointed in mgmt and feel over the years they haven't been as open with shareholders as they should have. Most people generally base a large part of their investment decisions on information provided by the company. For me the qtrly release was the straw that broke the camels, a $550/t production cost based on forecast $400-450/t (guidance from last cap raise only 4mths back) is unacceptable.
    If you reread my post look at my view on sp movement. If you buy now and are happy to hold for longer than 6mths then you'll probably get a reasonable return.  Though I'm not willing to buy more to average down, I'd rather wait to see how the g market and Balama develop from here. Hopefully no more mgmt surprises!!
 
watchlist Created with Sketch. Add SYR (ASX) to my watchlist
(20min delay)
Last
22.3¢
Change
-0.003(1.11%)
Mkt cap ! $232.8M
Open High Low Value Volume
22.5¢ 23.0¢ 21.5¢ $545.5K 2.503M

Buyers (Bids)

No. Vol. Price($)
11 247498 22.0¢
 

Sellers (Offers)

Price($) Vol. No.
22.5¢ 269427 15
View Market Depth
Last trade - 11.19am 25/11/2024 (20 minute delay) ?
SYR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.