SYA 4.65% 4.1¢ sayona mining limited

General Discussion Topics, page-136784

  1. 849 Posts.
    lightbulb Created with Sketch. 167
    Unfortunately, looking at the trading action, it appears that SYA's stock price remains firmly in the hands of market makers and institutional bots, with everything pointing to a push down to lower prices.

    Maybe there are just no more retail investors interested in SYA at any price; the "addressable" group of retail investors for Lithium stocks that are have already purchased and are sitting in the red so reluctant now to buy more. I bought in at 4.1 after the ramp-up to production was finally confirmed, thinking it was a good purchase. Yet now, I am a breath away from a 10% loss at 3.7 cents.

    So, in my humble opinion, the price is presently irrational, but the market is irrational, and countless words have been wasted on the fact that market can remain irrational for a long time.

 
watchlist Created with Sketch. Add SYA (ASX) to my watchlist
(20min delay)
Last
4.1¢
Change
-0.002(4.65%)
Mkt cap ! $422.0M
Open High Low Value Volume
4.3¢ 4.4¢ 4.1¢ $1.050M 25.12M

Buyers (Bids)

No. Vol. Price($)
52 10275044 4.1¢
 

Sellers (Offers)

Price($) Vol. No.
4.2¢ 1610245 10
View Market Depth
Last trade - 16.10pm 05/06/2024 (20 minute delay) ?
Last
4.1¢
  Change
-0.002 ( 4.65 %)
Open High Low Volume
4.3¢ 4.3¢ 4.1¢ 14886244
Last updated 15.59pm 05/06/2024 ?
SYA (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.