I think central banks are hell bent on destroying demand.
Lowe is currently speaking and sticking to his guns on raising rates.
So with this in mind I think there is a Lithium bear market coming up this year which will smash lower tier lithiums like SYA. May prove to be a great buying opportunity for the long term though.
I think people will be able to pick up SYA below 13c. I will wait for it to show signs of bottoming though. Could be much lower than 13c.
All IMO.
Don't shoot the messenger bearing you gifts of wisdom.
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Last
3.4¢ |
Change
-0.001(1.47%) |
Mkt cap ! $349.9M | |||
| Open | High | Low | Value | Volume |
| 3.4¢ | 3.5¢ | 3.3¢ | $845.0K | 24.73M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 111 | 18315060 | 3.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.4¢ | 1386530 | 23 |
View Market Depth
| Last trade - 12.20pm 03/07/2024 (20 minute delay) ? |
| SYA (ASX) Chart |