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
