I’m not a technical analyst, but I can see that SYA has a pattern of everyone getting really excited over some news, and then when nothing happens, the SP comes crashing back down. I don’t know what your TA is telling you, but we KNOW there is no news happening until at least March 26, and statistically speaking it’s most likely that will be bad news, and that will send the SP plummeting. I don’t doubt the SP will come back again once Authier gets closer, and 12c seems about right ($200M NPV and 2,000,000,000 shares outstanding, plus a little more to factor in other projects and a riding lithium price). But I can only see downward momentum for the moment.
(And I’ve been moving around 1.5M shares in and out at a time).
General Discussion Topics, page-988
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Last
4.2¢ |
Change
-0.001(2.33%) |
Mkt cap ! $432.3M | |||
| Open | High | Low | Value | Volume |
| 4.2¢ | 4.3¢ | 4.1¢ | $1.422M | 33.87M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 446998 | 4.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.3¢ | 5888258 | 20 |
View Market Depth
| Last trade - 16.10pm 24/05/2024 (20 minute delay) ? |
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Last
4.3¢ |
Change
-0.001 ( 1.62 %) |
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| Open | High | Low | Volume | ||
| 4.2¢ | 4.3¢ | 4.1¢ | 22039027 | ||
| Last updated 15.59pm 24/05/2024 ? | |||||
| SYA (ASX) Chart |