SYA 3.23% 3.0¢ sayona mining limited

General Discussion Topics, page-96212

  1. 2,723 Posts.
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    Thank you, but personally I think there is a misunderstanding with SYA price that is pervasive with retail holders. 20c valuetion is based on near term 50% of NAL. the other project is 1 to 5% each at max.

    The fundamental misunderatnding is why SYA is a favoured by TRADERS becuase most retail investers look at totality of SYA and thnk SYA NPV the aggregate of NAL, MOB, Authiers, Tasmin and even maybe WA with 1MC, as if they will all start production in 3 months. That is far from reality.

    SYA doesnt even have ML for MOB, Tasmin and Authiers. Yes it will be a formality but currect NPV of these projects is manybe a hundred million if that,

    In reality only 50% NAL production is in near production. This misunderstanding leads to huge disperacy and great volitity in SP, which trader chase.

    Also you probalpbly know but for the noivce, a trader doesnt only short but scalps on the up.

    Ie a trader might short might short 1,000,000 shares, than buy 2,000,000 shares than later in the day sell 1,000,000 shares for net zero. or vice versa,

    SYA will be a giant soon but that is not next 6 months.
 
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Last
3.0¢
Change
-0.001(3.23%)
Mkt cap ! $308.7M
Open High Low Value Volume
3.1¢ 3.2¢ 3.0¢ $509.3K 16.52M

Buyers (Bids)

No. Vol. Price($)
118 27732453 3.0¢
 

Sellers (Offers)

Price($) Vol. No.
3.1¢ 3034261 11
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Last trade - 16.10pm 30/07/2024 (20 minute delay) ?
SYA (ASX) Chart
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