I dont see why people are getting pissed off here. Perhaps I am missing something.
If your in this for the long game like myself, you wont cast the first stone at management over purchasing at 27c and losing 10c since then. You would hold your tongue knowing your investment goal is a long term one. The short term isnt a factor when you have willingly parted with your money for that long term objective.
Now if your contrary to that and you were looking for a short term gain. Sorry to break it to you, but you didnt do your research on where the share price is, in its current cycle, the state of where we are in the lithium industry cycle or assess the macro-environment.
If you are short term and you have made gains, well done on your reward during a tough market.
Rather that bagging each other out on comments made or bagging out management. Perhaps its a time of self reflection for some and to re-evalutate if SYA a speculative lithium share is really the place they want to invest.
The market is in full bear mode and has been for sometime. I too have hoped for a re-rate and to see some green but that wont come until macro-environment improves and we get more clarity from management on if production targets are met, if we have confirmed resource upgrade at Moblan and if we have secured offtake.
Side note on my thoughts on offtake. I really hope BL hasnt been bullied into simply supplying our share to Tesla via PLL deal or if they have been negotiating on behalf of SYAQ. Id personally like to see a little diversification in the mix.
Its a tough market. If your long, ignore the short term noise, back yourself and hold strong.
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Last
3.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $324.2M |
Open | High | Low | Value | Volume |
3.2¢ | 3.2¢ | 3.0¢ | $495.1K | 15.90M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
27 | 2896940 | 3.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.2¢ | 8727114 | 37 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
19 | 1840688 | 0.031 |
103 | 24490828 | 0.030 |
39 | 9808372 | 0.029 |
33 | 8889967 | 0.028 |
18 | 5224089 | 0.027 |
Price($) | Vol. | No. |
---|---|---|
0.032 | 8896311 | 37 |
0.033 | 8717998 | 22 |
0.034 | 15817594 | 23 |
0.035 | 10860348 | 31 |
0.036 | 6846319 | 34 |
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