SYA sayona mining limited

Let’s start with the basics. In your original post, you...

  1. 5,028 Posts.
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    Let’s start with the basics. In your original post, you mentioned a 10c rise. But the current share price isn’t zero; it’s 1.6 cents, so a 10c increase would bring it to 11.6 cents. If that starting point isn’t clear to you, it’s understandable why the rest of the calculation seems confusing.

    What you're missing here is an understanding of market cap and how share prices typically behave. You keep referring to wanting a 10c increase in the share price; after consolidation, swings of that size could easily occur daily, since a 10c move would only represent around a 4% shift (at around the current valuation).

    No matter what company you're invested in, it’s important to stop fixating on the nominal share price or the number of shares you own. Those figures are essentially placeholders. What actually matters is your ownership percentage (reflected by your number of shares) and the company’s market cap (which the share price contributes to). Focus on changes in market cap and share price percentage movements—those are the figures that truly reflect gains or losses.
    Last edited by Rob826: 16/05/25
 
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(20min delay)
Last
1.5¢
Change
-0.001(6.25%)
Mkt cap ! $173.1M
Open High Low Value Volume
1.5¢ 1.6¢ 1.5¢ $64.54K 4.302M

Buyers (Bids)

No. Vol. Price($)
194 40466551 1.5¢
 

Sellers (Offers)

Price($) Vol. No.
1.6¢ 12296088 54
View Market Depth
Last trade - 13.07pm 18/06/2025 (20 minute delay) ?
SYA (ASX) Chart
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