SYA 9.68% 3.4¢ sayona mining limited

General Discussion Topics, page-116968

  1. 580 Posts.
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    Once again I decided to test your thesis that SYA was the biggest bubble there is. I decided to punch in a few well known stocks in the Li sector to see where we come out. There are a few preconditions that we need to identify to make sure that the analysis is a fair as possible.
    1. the instrument under investigation needs to be of a similar class - in this case Li
    2. the starting point for the analysis needs to be representative of all stocks, otherwise you will get skewed results. In this case I have chosen 24 Mar 2020. This was the COVID low for the stock market for most stocks. Some bottomed a few days earlier some a few days later - 24 Mar is good enough for this analysis.

    So here we go.... the chart!

    https://hotcopper.com.au/data/attachments/5558/5558534-f28b4c594de6ebd2195c96565218487d.jpg

    Well, well SYA is not the biggest bubble out of the 5 under examination - possibly mid range I might guess.

    Be careful the barker who can't support their cries with actual evidence is all I can say.

    IMO DYOR
 
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Last
3.4¢
Change
0.003(9.68%)
Mkt cap ! $339.6M
Open High Low Value Volume
3.2¢ 3.4¢ 3.2¢ $1.075M 32.85M

Buyers (Bids)

No. Vol. Price($)
23 6844541 3.3¢
 

Sellers (Offers)

Price($) Vol. No.
3.4¢ 12383287 30
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Last trade - 12.26pm 30/09/2024 (20 minute delay) ?
SYA (ASX) Chart
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