SYA 2.44% 4.0¢ sayona mining limited

Cost Review - "Expected" Q1 2024, page-32

  1. 4,472 Posts.
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    Do a bit of research. Who is the bigger user of lithium in the world? What is happening with a company that makes lots of EV...look at BYD latest move and sale report. Check general spike in EV sale. Check other lithium stock SP move for the past month and a b.it, sya does have the added selling pressure from fund that have to sell because of sya coming out of the asx200, not the other stock.
    What concerns me is the continuing presence of shorts, but I think that they might be here to enjoy the down pressure of fund forced sell...not sure, but they are still here.
    I can understand that it is a very early day to the possible uptrend to lithium, but some sign are here, and while the risk to invest is higher, so will the return on investment if we get a nice uptrend. This is why some people do buy now, those early sign that we didn't get in the past 12 months. I have put a small order in too.
    Good luck everyone


 
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