SYA 8.33% 2.6¢ sayona mining limited

i am currently holding a reasonable size parcel where each cent...

  1. 342 Posts.
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    i am currently holding a reasonable size parcel where each cent movement makes a difference.. I share the same sentiment like yours.. don't take me wrong it feels so good to see 40% up with your holdings... but...

    all macro fundamentals are shouting for further bear market.. if you go for grocery shopping you can feel it.. energy prices up.. interest rates spiking.. some says we have all time low unemployment (because it is lagging indicator).. so the result of all inflation might curb the demand and supply chain already have issues.. it means companies will adjust forecast and it will impact equity market in general.. this market is already bear so we should keep an eye objectively on macro events too... one single event can cause sell off in equities.. and remember we are not generating cash yet so we are highly correlated with overall market movements...

    yet I want SP to grow further.. and markets are famous for surprising general opinion.. most people are expecting recession so we might get opposite.. big complacent rallies (aka bull traps).. I will consider selling partial holdings and leave remaining for long term!
 
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Last
2.6¢
Change
0.002(8.33%)
Mkt cap ! $267.6M
Open High Low Value Volume
2.4¢ 2.7¢ 2.4¢ $740.3K 28.81M

Buyers (Bids)

No. Vol. Price($)
1 542341 2.6¢
 

Sellers (Offers)

Price($) Vol. No.
2.7¢ 10804757 20
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Last trade - 16.10pm 18/09/2024 (20 minute delay) ?
SYA (ASX) Chart
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