Time to be realistic and examine the fundamentals.
First look at Lithium. Lithium must have a future, simply because of the move to renewable electricity generation.
Then look at the lithium deposits that SYA has in its "warehouse".
Next look at the financial position of SYA.
The SP is obviously being manipulated, probably by some group wanting to take over this company for as little as possible.
Watch now for a takeover offer.
Until that happens mine are a bottom drawer stock. I have no need to sell.
Sentiment. I went from buy to hold, then to none. At this SP I am back to hold. Hold and wait and see.
General Discussion Topics, page-119416
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Last
3.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $360.2M | |||
| Open | High | Low | Value | Volume |
| 3.4¢ | 3.5¢ | 3.4¢ | $1.607M | 46.41M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 23 | 4668541 | 3.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.5¢ | 2167024 | 9 |
View Market Depth
| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| SYA (ASX) Chart |