SYA 4.17% 2.3¢ sayona mining limited

anyway, looks like someone likely big game guys are having a...

  1. 13,499 Posts.
    lightbulb Created with Sketch. 4594
    anyway, looks like someone likely big game guys are having a good time on this stock while retail suffers.. this suck.

    When a stock goes up 70% in a few days yet the companies fundamentals haven't changed then most moves like this will be based mainly on speculation and hype and usually retrace to some degree, Companies are built over decades not days and come with no guarantees , a concept most small retail holders can't seem to get their heads around and hence blame others.

    Forget about the shareprice, a Company is valued by its MC and the challenge with SYA is to justify the MC as a producer based on the fact that is has been and almost certainly still is losing money and if that situation is likely to improve going forward..then you can make a personal decision whether to hold or fold and forget about day to day Volatility. It's what investors do and then get on with life instead of stressing over games being played on a daily basis which doesn't change the long term prospects just the short term stress.

    Cheers Whisky

 
watchlist Created with Sketch. Add SYA (ASX) to my watchlist
(20min delay)
Last
2.3¢
Change
-0.001(4.17%)
Mkt cap ! $236.7M
Open High Low Value Volume
2.4¢ 2.5¢ 2.3¢ $337.1K 14.25M

Buyers (Bids)

No. Vol. Price($)
64 14483458 2.3¢
 

Sellers (Offers)

Price($) Vol. No.
2.4¢ 5943785 11
View Market Depth
Last trade - 16.10pm 06/09/2024 (20 minute delay) ?
SYA (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.