It's funny how fast the market sentiment can change and how fast one goes from feeling like an idiot to feeling like a genius and then the cycle repeats.
After watching and waiting ages for a suitable entry point, I bought on Tuesday at 5 and 5.2 cents and promptly felt like an idiot when it traded between 4.6 and 4.8 for the afternoon.
2 days later and I'm up 30%.
The reason I bought however was to make many many multiples of 5 cents in the medium term. I see SYA as potentially a 50 cent stock in a couple of years pending macro environment and the unfolding Lithium demand. That's not to say that I won't take some profits at 10-20 cents, or fiddle around edges with a little trading parcel, but I'm certainly not interested in a couple of cents as SYA is probably the most undervalued lithium explorer/developer on the ASX for the stage they are at right now.
And at least we know they have the management and the knowledge to bring their deposit into production - how many juniors have such skill and experience on their board??. Not many.
Good luck to all longs, and not so good luck to any shorters out there
SYA - Chart, page-2460
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Last
2.6¢ |
Change
-0.002(7.14%) |
Mkt cap ! $267.6M |
Open | High | Low | Value | Volume |
2.8¢ | 2.8¢ | 2.6¢ | $286.5K | 10.70M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
25 | 7497011 | 2.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.7¢ | 5105482 | 13 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
19 | 7195085 | 0.026 |
32 | 8211284 | 0.025 |
27 | 6838572 | 0.024 |
21 | 4765707 | 0.023 |
36 | 4413692 | 0.022 |
Price($) | Vol. | No. |
---|---|---|
0.027 | 3812968 | 7 |
0.028 | 3987299 | 29 |
0.029 | 9469476 | 19 |
0.030 | 15485234 | 30 |
0.031 | 2789626 | 6 |
Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
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LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
Simon Kidston
Non--Executive Director
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