SYR 1.02% 49.5¢ syrah resources limited

Actually expecting another push down to about 3.20 to create a...

  1. 2,893 Posts.
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    Actually expecting another push down to about 3.20 to create a double bottom. Shorts have been unwinding since late Jan by the reported daily figures however you will note that the cumulative position shows little change over this period. Just means they are keeping the 'collected' shares off the book for now. Shortman is mostly crap as the brokers have been manipulating the numbers for years.

    UPS is a great one to watch - when they drop below 5% declaration they usually give the share a final push down and start acquiring for a month or 2; Then after the share price has jumped 20-50% they will announce they have reacquired enough to pass the 5% limit. If the actually did what they reported at the time they would be constantly losing money ie: selling when the price is at bottom and buying after it has reached a high.
 
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Last
49.5¢
Change
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Mkt cap ! $405.6M
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50.5¢ 50.8¢ 49.5¢ $2.472M 4.945M

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Last trade - 16.10pm 28/03/2024 (20 minute delay) ?
Last
49.8¢
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SYR (ASX) Chart
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