As long as you factor in CGT and a medium term price action 6 months, and how retail investors will react in the market over the 6 to 12 month timeframe.
I sold mine after talking to big investors ie would have portfolios of $1m plus but are all passive investors, ie mostly ETF and LIC but a small portfolio $50k to $100K where they gamble be it esg, oil or IT. The consensus were they were all pulling back from these bets.
Lucky for me I hold all my SYA and its peers CXO, PLL, LTR in SMSF so the tax burden isnt as big.
General Discussion Topics, page-80934
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Last
3.6¢ |
Change
0.003(9.09%) |
Mkt cap ! $370.5M | |||
| Open | High | Low | Value | Volume |
| 3.3¢ | 3.7¢ | 3.2¢ | $2.985M | 85.61M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 4176281 | 3.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.6¢ | 546675 | 2 |
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| Last trade - 16.10pm 16/10/2024 (20 minute delay) ? |
| SYA (ASX) Chart |