SYA 1.56% 3.3¢ sayona mining limited

Just continuing on with some thoughts on a Sunday afternoon...

  1. 4,342 Posts.
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    Just continuing on with some thoughts on a Sunday afternoon about where SYA share price is at the moment.
    Think back to the big, short selling on Galaxy Resources sitting around the $3.00 mark for some time 5/2/2018 until the shorts came in and sold it down and down to around the 78-cent mark on the 22/10/19 stayed that way till approx 30/6/2020. Moving into July 2020 the share price started to move up.
    Cannot remember now why this was pushed down so hard, but there you have it. Sayona is experiencing much the same situation with their share price action. Long term shareholders would remember some of the HotCopper posts during this time, very similar as ours now.

    The only way to beat them at their game is to not sell when the share price is at it's low, and where possible add to your holding.
    The share price is what it is at the moment for all different reasons, but is sure is NOT going to be setting around this low price in 2024.
    Does not matter what the big boys says or downgrade their price forecast, make your own decisions and plane for the longer term.

    These are only my thoughts on the matter and are what I am putting into place for the next 12 months or more.
 
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196 41759351 3.2¢
 

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3.3¢ 4021675 32
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