I don't know why there is not more buying pressure irrespective of any shorting which hasn't been in huge volume though it has been a increased percent of volume traded over the usual.
I find myself in profound disagreement with the market at present I believe that an aware and informed market should be pushing the share price up past its previous highs towards the $2 Sumi non binding indicative price.
Either I am wrong and the market is right or the market isn't yet informed and aware. More reports like Shaws (perhaps with more detail may help that). I have recently bought a small parcel but don't want to be overexposed to a single stock that could become illiquid for long periods.if the board rejects a Sumi offer as too low - which they should do if it is.
I think existing CYP enthusiasts are already pretty committed in terms of capital and new people and institutions have to become aware of the story.
There has been a pull back in other lithium related stocks which I watch so I'm aware that there are counter cyclical opportunities to get other good stocks at value. Sometimes markets made up of individuals need time to discover good buying opportunities especially if there is a clamour of good looking alternatives to sort through the noise of.
CYP Price at posting:
$1.59 Sentiment: Buy Disclosure: Held
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