SYA 4.00% 2.4¢ sayona mining limited

The Sell Side in in the process or ' throw's ' ...of collapsing....

  1. 12,830 Posts.
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    The Sell Side in in the process or ' throw's ' ...of collapsing. Has been evident for awhile now. No new Sell orders entering the queue .....and .007 - .008 significantly holding .....even before the announcement dropped......much in the same way that .10 held for AJM for many many weeks. Even in the face of negative sector sentiments on top of Geopolitical and Global Economic worries emanating from US / China relations.

    As result of this , I would maintain my initial price targets of initially 1.2 -1.5 with very likely potential follow through to 1.9 -2.0 cents.....provided we don't see the obvious ' Want ' of capping it here at .01 for the time being to allow most of the ' Euphoria ' to be released when the SPP has concluded. Better to go now IMO on a heavy volume POP - then nobody can complain of the traditional ' Pump and Dump ' rhetoric. Win - Win for all market participants ....with perhaps a pullback to the 1.5 cent level post SPP. Just my opinions and not financial advice .......unless of course you are playing with my money ....... biggrin.png
 
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2.5¢ 2.6¢ 2.4¢ $637.1K 25.94M

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15 2474228 2.4¢
 

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Price($) Vol. No.
2.5¢ 8192223 27
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Last trade - 16.10pm 15/08/2024 (20 minute delay) ?
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