Hey @setmefree, the chart is depressing, and to be honest with you I haven't looked at it for a long time. The step off point for the SYA journey to 12c was Monday 16th October last year, at 1.1c. At this point, it is heading for a 100% retrace, all Fibs are well and truly in the rear view mirror and 1.1c is the next obvious support point below. Frankly, it's depressing.
There are aspects of this year that have simply been out of management's control, and it's been a horrible year on the ASX in the Lithium space in general, but the facts are that management have a lot of work to do to reinstall the kind of optimism in this company that prevailed late last year. It is clear that it has completely evaporated at this point, and it's on them to remedy that. I guess people now need to evaluate whether they think they actually can.
The chart, in all it's misery:
I guess it should be in the chart thread, but because you have requested it here, here it is. Mods, feel free to relocate it if need be.
Fundamental Analysis - SYA, page-628
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Last
3.4¢ |
Change
0.001(3.03%) |
Mkt cap ! $349.9M | |||
| Open | High | Low | Value | Volume |
| 3.3¢ | 3.4¢ | 3.3¢ | $381.2K | 11.37M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 69 | 16672213 | 3.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.4¢ | 7359997 | 21 |
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| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| SYA (ASX) Chart |