Once again I decided to test your thesis that SYA was the biggest bubble there is. I decided to punch in a few well known stocks in the Li sector to see where we come out. There are a few preconditions that we need to identify to make sure that the analysis is a fair as possible.
- the instrument under investigation needs to be of a similar class - in this case Li
- the starting point for the analysis needs to be representative of all stocks, otherwise you will get skewed results. In this case I have chosen 24 Mar 2020. This was the COVID low for the stock market for most stocks. Some bottomed a few days earlier some a few days later - 24 Mar is good enough for this analysis.
So here we go.... the chart!
Well, well SYA is not the biggest bubble out of the 5 under examination - possibly mid range I might guess.
Be careful the barker who can't support their cries with actual evidence is all I can say.
IMO DYOR
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Last
3.6¢ |
Change
0.005(16.1%) |
Mkt cap ! $339.6M | |||
| Open | High | Low | Value | Volume |
| 3.2¢ | 3.6¢ | 3.2¢ | $2.335M | 69.08M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 31 | 6254818 | 3.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.6¢ | 1941942 | 9 |
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| Last trade - 13.41pm 30/09/2024 (20 minute delay) ? |
| SYA (ASX) Chart |