Some share analysis done....
many more to see how I do those in our free private Facebook group
In this post, I refer to shares with a market cap size of below $50m. These are high-risk shares. To reduce speculations, I still try to cover my risk by understanding the life cycle of the company, what they are doing, their strategy etc.
Sayona Mining Limited (SYA) - This is a lithium producer with projects in Quebec, Canada, and Western Australia. Here is a quick assessment done on 18 Aug 2023.
Why does it keep on falling?
See Lassondo curve – investor reality starts to kick in. Market cap: $1.2B Price 0.12 Date:
LionTown (LTR) - A question was asked why Hancock increased their stake with ~10% on 11Oct'23. My quick napkin check:
LTR is in the final stage of construction and should be in operation mid 2024.
AZURE Minerals Ltd (AZS) done on the 16 Sept '23
Their recent share purchase plan was launched to raise $120m.
Offered at 2.40 price now $2.84.
What was the purpose of the SPP?
When grouping companies using data analytics, interesting observations and phenomena become visible.
When companies start to pay dividends, they still go through their early growth cycle, where dividends aren’t always paid, not always increasing, showing higher volatility - towards a very mature and stable company. But how do you see those stages?