SYA 3.13% 3.3¢ sayona mining limited

G'day SYA holders,thought I might throw up a couple of charts to...

  1. 1,230 Posts.
    lightbulb Created with Sketch. 1633
    G'day SYA holders,
    thought I might throw up a couple of charts to keep some perspective for those interested in what's going on with all things lithium presently.

    1/ Suggest you pay little attention to the trolls at this time, if there's some merit to what is being said sure take it into consideration.

    2/ What's happening across the board with many lithium stocks at this time is unlikely to spell the end of the world for lithium stocks imo.

    3/ This present period reminds me of a mini GFC (which I participated mad.png in during 2007/2008) it was really quite nasty on this end of the market, but it did pass for most stocks so long as management was competent and focused on the task at hand.

    4/ We are shipping product and banking coin which is a huge bonus compared to many other lithium plays at this time, so that's a huge plus also imo.

    5/ Generally all things lithium R/Ms, ETFs, suppliers/producers and those hoping to join the ranks are copping a bit of a beating at this time, so best to put all things into perspective and not panic when considering your options or strategy going forward.

    6/ See charts below which indicate that SYA is not alone and has plenty of company during this current downturn, I deliberately left out LTR as it has a TO on the table and even PLS which has a crazy amount of cash in the bank is off 25% from its high, so it's worth remembering its not just SYA down substantially.

    SYA 6mth comp chart vs other lith co
    https://hotcopper.com.au/data/attachments/5610/5610943-c0008b2cabffa214a4c72accf52947dd.jpg

    SYA 12mth comp chart vs other lith co

    https://hotcopper.com.au/data/attachments/5610/5610984-99da0aea0eba4f35849fcfc9ff974a7d.jpg

    SYA 3yr comp chart vs other lith co
    https://hotcopper.com.au/data/attachments/5610/5610948-c8ce95202a528213e416cfe0eb2c52fb.jpg

    https://hotcopper.com.au/data/attachments/5610/5610951-fc90e6e2418e6e3dff0b40249bc98018.jpg

    https://hotcopper.com.au/data/attachments/5610/5610956-5b033629de73c61ba5312ce0cb4c4deb.jpg

    https://hotcopper.com.au/data/attachments/5610/5610957-a5e83a21fa1b0be7c2cf9b8ad9cc1830.jpg

    SYcool.png, ps as the ETF chart, the Lithium Carbonate chart, the Lithium R/M Price Index chart and our lithium Peers charts indicate everybody bar a select few, are down, down, down frown.png, but you know what comes next.......eventually up, up, up! at least I hope sobiggrin.png try and have a nice afternoon all.

    Last edited by Super yacht: 27/09/23
 
watchlist Created with Sketch. Add SYA (ASX) to my watchlist
(20min delay)
Last
3.3¢
Change
0.001(3.13%)
Mkt cap ! $339.6M
Open High Low Value Volume
3.3¢ 3.4¢ 3.2¢ $723.3K 21.93M

Buyers (Bids)

No. Vol. Price($)
182 43325841 3.2¢
 

Sellers (Offers)

Price($) Vol. No.
3.3¢ 2030189 8
View Market Depth
Last trade - 16.10pm 11/07/2024 (20 minute delay) ?
SYA (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.