If you are a long term investor the opportunity cost benefit - is in buying whilst the SP is low and holding for12 months . That way you qualify for 50% capital gains tax discount when it recovers if you want to sell.
Traders? Well there’s far more liquid volatility in Lithium. Go play in their sand pit.
Shorters? They just make the price more affordable for longs.
Not forgetting sell in May and go away and also tax loss selling towards end of financial year - may result in further weakness. But weakness presents opportunity to DCA in.
Not financial advice DYOR IMO
General Discussion, page-1269
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Last
32.5¢ |
Change
0.010(3.17%) |
Mkt cap ! $336.3M | |||
| Open | High | Low | Value | Volume |
| 32.0¢ | 33.5¢ | 31.5¢ | $1.380M | 4.243M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 126793 | 32.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 33.0¢ | 209602 | 3 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| SYR (ASX) Chart |