SYA is a mining business focused on the raw materials required to construct lithium-ion batteries, a “hot” sector to say the least. The volatility exhibited by SYA over the last 6-months puts Bitcoin to shame, we see no hurry to own SYA which regularly moves up & down ~20% on a weekly basis.
- We prefer the tried and test names in the sector such as Pilbara (PLS) and IGO.
MM is neutral SYA
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