And to people who think going from 20c to 80c-$1 in a few months is ridiculous, especially with such a large MC increase from $1.5B --> $8B, well FMG went from $2B MC to $36B MC between June 2006 and June 2008. TSLA is the biggest example, where despite blown out fundamentals and huge bets on the future it added $1T, I repeat, TRILLION dollars to its MC in a little over ONE YEAR. So yeah, the market cap does matter. But sometimes it doesn't matter AT ALL. When institutions begin to price in the assets of Sayona, like they did so rapidly with GAL and CNB, etc (add 1MC soon to this list), then suddenly the value of NAL isn't $750M SYA share, but above $2B in the most likely scenario. Heck, if prices sustain or INCREASE (which NO ONE even considers because hey we can all time the peak!) then well be ready for $5B-8B NPV of NAL ALONE. And the added potential of the hubs will see people suddenly see $1 as extremely cheap. It's really a matter of HOW much risk-adjusted return a stock can provide, and the POTENTIAL growth. Case in point: SYA is fully funded, positive political environment, huge discoveries possible in current tenements and the downstream synergies of making TWO hubs (LOW RISK, HIGH POTENTIAL). And real cash flows starting T-Minus 12 months, at latest. Who would NOT back this project? Instos are definitely diamond handing SYA
- Forums
- ASX - By Stock
- SYA
- General Discussion Topics
General Discussion Topics, page-55290
Featured News
Add SYA (ASX) to my watchlist
(20min delay)
|
|||||
Last
3.5¢ |
Change
-0.001(2.78%) |
Mkt cap ! $360.2M |
Open | High | Low | Value | Volume |
3.5¢ | 3.7¢ | 3.4¢ | $8.754M | 249.3M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1000000 | 3.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.6¢ | 4706070 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1000000 | 0.035 |
24 | 7093673 | 0.034 |
20 | 9379469 | 0.033 |
40 | 16495105 | 0.032 |
36 | 11873816 | 0.031 |
Price($) | Vol. | No. |
---|---|---|
0.036 | 2180956 | 4 |
0.037 | 14604045 | 70 |
0.038 | 10638125 | 43 |
0.039 | 7998246 | 23 |
0.040 | 8099545 | 34 |
Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
Featured News
SYA (ASX) Chart |
The Watchlist
BTH
BIGTINCAN HOLDINGS LIMITED
David Keane, Co-Founder & CEO
David Keane
Co-Founder & CEO
Previous Video
Next Video
SPONSORED BY The Market Online