SYA 2.86% 3.4¢ sayona mining limited

macquarie are truly money machines and their shares reflect...

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  1. cha
    5,883 Posts.
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    macquarie are truly money machines and their shares reflect it
    sya needs to be assessed on its own path. it is genuine. it is a producer with opex and capex and the funds doing the maths on profits and likely profits over the period leading to the all important share consolidation (look at cmm from a 10c minnow to a $4 genuine producer. that is a real success story for loyal canny shareholders)
    sya is still at the same stage as cmm when it was 10c and red hot and took years to achieve a wonderful outcome for shareholders
    real risk for sya holders is giving up and selling too early like most did with cmm
    a few well placed genuine minnows with potential can do wonders for your share portfolio. they dont all work

    sya currently already a multi billion market cap with too many shares on issue with more now out to raise cash
    macquarie now call it a buy? the investors in the cap raise want a profit
    it was a buy. now it is a hold

    will be an interesting 6 months or so for sya and its genuine holders

    just be careful not to lose patience on what may well be a genuine potential junior midcap one day
    cmm took years and worth every day
    sya hopefully ends up the same
 
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Last
3.4¢
Change
-0.001(2.86%)
Mkt cap ! $360.2M
Open High Low Value Volume
3.6¢ 3.6¢ 3.4¢ $179.2K 5.060M

Buyers (Bids)

No. Vol. Price($)
26 9555441 3.4¢
 

Sellers (Offers)

Price($) Vol. No.
3.5¢ 2321499 12
View Market Depth
Last trade - 10.35am 18/11/2024 (20 minute delay) ?
SYA (ASX) Chart
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