SYA 2.86% 3.4¢ sayona mining limited

General Discussion Topics, page-140378

  1. 249 Posts.
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    Wow... STOP THE PRESSES!!!! - HC poster thinks 2 ASX listed stocks are run by incompetents! BIG DEAL!!!!

    IMO (and maybe I'm not the only one to think this - ha!) there's many a ASX company that are run by Boards that are either, self-serving, useless, lacking in foresight and drive, don't work in the best interests of their SH's, etc or a combination thereof - except SYA's Board of cource - they're brilliant!

    In all seriousness, I think SYA does have some positives - great resource, conducive location, and a chance to go downstream and reduce dependance on China (under the right leadership).

    But at present and IMO the negatives outweigh the positives - too many SOI, shocking sales deal, selling at a loss, tied to the hip with an unhelpful partner, and a Board with zero downstream know-how and an atrocious track record, to name a few.

    Now, if the Board where replaced, a consolidation undertaken and a funding solution + fast-track approach adopted to get a Carbonate Plant underway, I may reconsider buying in the future. But as things currently stand - no way! And other potential buyers must be feeling the same way (I'm just vocal about it) - there's no buying pressure here, just a shorters' paradise.

    By the way, you're now in the 3's again (as I predicted) and the downward trends still in full force, so more pain to come IMO - put me on ignore if you can't handle the truth.

    By the way, thanks for looking into my posting history, I should do the same to you... but nah, I can't be bothered with such a futile task.

    I'll leave you to your ever declining SP - from 39c to 0.039c - WOW indeed! (But nothing to do with the Board's leadership decisions and business acumen of course - ha!)
 
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Last
3.4¢
Change
-0.001(2.86%)
Mkt cap ! $349.9M
Open High Low Value Volume
3.5¢ 3.6¢ 3.4¢ $1.190M 34.12M

Buyers (Bids)

No. Vol. Price($)
60 12836986 3.4¢
 

Sellers (Offers)

Price($) Vol. No.
3.5¢ 2436426 11
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Last trade - 16.10pm 19/06/2024 (20 minute delay) ?
SYA (ASX) Chart
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