I keep hearing the saying
the share price will eventually take care of itself
The reality is Scroll that the shareprice can only look after itself , the market dictates the price on a day an to day basis not the company, but in the longer term the market usually reflects value as measured by market norms, if that value exists, often going to extremes either way in the meantime , which it did in 2021/22.
In the overall market SYA are a very small ant on the arse of an exeptionally large Elephant.
Yes the last 12 months have been flat but the previous 18 months were extreme ( as was the Lithium price) you can't expect that trajectory to be maintained, within the last 3 years the shareprice has looked after itself extremely well going from1c to 18c and beyond which is a phenomenal gain in that timeframe , the fact that most of that gain happened in a very short timeframe is just what happens to a start up in a hot sector with rampaging prices.
If you think the company is undervalued then wait untill it gets reflected there arent a lot of options..
Cheers Whisky
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Last
2.6¢ |
Change
-0.001(3.70%) |
Mkt cap ! $267.6M |
Open | High | Low | Value | Volume |
2.7¢ | 2.8¢ | 2.6¢ | $408.5K | 15.22M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
52 | 8484271 | 2.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.7¢ | 2681213 | 9 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
52 | 8484271 | 0.026 |
76 | 19889232 | 0.025 |
49 | 20659194 | 0.024 |
28 | 8198780 | 0.023 |
19 | 4075909 | 0.022 |
Price($) | Vol. | No. |
---|---|---|
0.027 | 2681213 | 9 |
0.028 | 8109747 | 35 |
0.029 | 6887216 | 29 |
0.030 | 7663496 | 48 |
0.031 | 1974886 | 13 |
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