SYA 17.4% 2.7¢ sayona mining limited

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

  1. cha
    5,829 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
2.7¢
Change
0.004(17.4%)
Mkt cap ! $277.9M
Open High Low Value Volume
2.2¢ 2.7¢ 2.2¢ $1.380M 55.63M

Buyers (Bids)

No. Vol. Price($)
6 950660 2.6¢
 

Sellers (Offers)

Price($) Vol. No.
2.7¢ 4484315 19
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Last trade - 16.10pm 11/09/2024 (20 minute delay) ?
SYA (ASX) Chart
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