It's funny how fast the market sentiment can change and how fast one goes from feeling like an idiot to feeling like a genius and then the cycle repeats.
After watching and waiting ages for a suitable entry point, I bought on Tuesday at 5 and 5.2 cents and promptly felt like an idiot when it traded between 4.6 and 4.8 for the afternoon.
2 days later and I'm up 30%.
The reason I bought however was to make many many multiples of 5 cents in the medium term. I see SYA as potentially a 50 cent stock in a couple of years pending macro environment and the unfolding Lithium demand. That's not to say that I won't take some profits at 10-20 cents, or fiddle around edges with a little trading parcel, but I'm certainly not interested in a couple of cents as SYA is probably the most undervalued lithium explorer/developer on the ASX for the stage they are at right now.
And at least we know they have the management and the knowledge to bring their deposit into production - how many juniors have such skill and experience on their board??. Not many.
Good luck to all longs, and not so good luck to any shorters out there
SYA - Chart, page-2460
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Last
2.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $265.4M |
Open | High | Low | Value | Volume |
2.3¢ | 2.5¢ | 2.3¢ | $1.013M | 42.71M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
33 | 6728155 | 2.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.4¢ | 10020829 | 14 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
29 | 6377057 | 0.023 |
49 | 11185513 | 0.022 |
123 | 26803022 | 0.021 |
98 | 16751717 | 0.020 |
33 | 8193430 | 0.019 |
Price($) | Vol. | No. |
---|---|---|
0.024 | 8990811 | 11 |
0.025 | 19117650 | 51 |
0.026 | 8692952 | 20 |
0.027 | 10986710 | 30 |
0.028 | 10830205 | 19 |
Last trade - 16.10pm 31/01/2025 (20 minute delay) ? |
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SYA (ASX) Chart |