SYA 2.94% 3.5¢ sayona mining limited

A lot of people got burnt with the CR at 18c and then the SP...

  1. 502 Posts.
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    A lot of people got burnt with the CR at 18c and then the SP taking a plunge, so a lot of those buyers at 9c the other day will be looking to make up a quick profit to offset their loss. September is also a notoriously bad month on the ASX, so I think the volatility will continue for a whiie yet - at least until we see the quarterly, info on our spod sale and if we get any updates regarding a new CEO and the direction of the company. Traders feast on those unknowns to make gains whether the SP goes up or down.

    Myself, I regret the decision to sell 80% of my holding at 9c, but I'll be buying more once some questions are answered and once the dust has somewhat settled as I do believe in the long term fundamentals, we just need to see if the BOD are capable of getting us there. As I've said before, no news is often worse on sentiment than bad news, especially when shareholders want answers
    Last edited by DMen: 31/08/23
 
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No. Vol. Price($)
53 9263496 3.4¢
 

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Price($) Vol. No.
3.5¢ 7363594 18
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