So there you go... there is one sentiment that may lead you to short it.
But you might be right... for a little while.
Im gonna have one more stab in the dark then ill shut my hole for a while.
Im going to guess somewhere in March, Cannacord changes their recommendation back to buy for SYA and raises their PT above 50c. They let the price go above their "fair value" target... then you will see the wall build again somewhere between 30 and 36c and then they will trash us again with the PLL deal or they will use the output numbers as leverage to drive the price back down. Throw in a sprinkle of macro-trashing and off they go. Wth investors, poor mood, caution and fear is far more abundant than optimism, risk and confidence, especially when it comes to money, hence why maybe shorting is becoming ever so popular and more frequently utilised.
IMHO
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Last
3.5¢ |
Change
-0.001(2.78%) |
Mkt cap ! $360.2M | |||
| Open | High | Low | Value | Volume |
| 3.5¢ | 3.7¢ | 3.4¢ | $8.754M | 249.3M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1000000 | 3.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.6¢ | 4706070 | 7 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| SYA (ASX) Chart |