I sold just over 40,000 shares today at 29.5c. after buying in initially at 3.2c
I will look to move back in, however feel we are entering a period of volatility and that will create opportunities. I feel like Sayona has a little work to do before it gets "exciting" (evaluating the new discovery announced at Moblan, building their plant, etc). Time is on my side for once in this rare instance.
I will not personally be shorting against Sayona, I just feel we may be entering a period of quiet achievement for which will leave the share price to roughly correlate with the global lithium price - the only way that we may deviate is if we have "issues" however management appear to have firm control over operations at this stage.
My only real concern with the company is its' relationship with Piedmont, because Piedmont appear to be having a few challenges on the ground in the US and I quietly hope that this will not affect the trajectory of Sayona.
I may be quiet while I watch for opportunities on the terminal, but I will be watching and I will probably reenter my investment when a fair opportunity arises to do so.
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Last
3.5¢ |
Change
0.004(12.9%) |
Mkt cap ! $360.2M |
Open | High | Low | Value | Volume |
3.3¢ | 3.6¢ | 3.2¢ | $2.131M | 62.72M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
22 | 4754875 | 3.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.5¢ | 3389527 | 14 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
21 | 4596052 | 0.034 |
27 | 8777488 | 0.033 |
29 | 8553029 | 0.032 |
24 | 10786640 | 0.031 |
36 | 5261630 | 0.030 |
Price($) | Vol. | No. |
---|---|---|
0.035 | 3389527 | 14 |
0.036 | 13139052 | 45 |
0.037 | 11650673 | 31 |
0.038 | 10624737 | 24 |
0.039 | 4712758 | 20 |
Last trade - 16.10pm 07/10/2024 (20 minute delay) ? |
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