Thursday’s HotCopper Trends: Sayona merger, Opthea slashes jobs | April 10, 2025

The Market Herald

10 Apr

The ASX has been up, charging 4.7% higher at around 7,720 points today.

Sayona Mining (ASX:SYA) has been among the most watched on HotCopper forums on news it has merged with NASDAQ-listed Piedmont Lithium. The name of the company will be changed to Elevra Lithium once the deal closes.

Sayona Mining has been 1.6 cents in early afternoon trades.

BOSS Energy (ASX:BOE) has also been trending on the forums after presenting at the Resources Rising Stars conference today. The company shared actual production and sales results for Q3 FY25.

Boss Energy has been trading at $2.55.

Finally, Opthea (ASX:OPT) shared a corporate update after the termination of its COAST Phase 3 clinical trials. In light of the negative trial results, the Board has decided to reduce costs and has slashed 65% of the workforce.

Opthea has been around 60 cents.

More market news

Levy beef: Trump whacks Oz with 10% tariffs on “Liberation Day”

Meet GeoGeorge: The HotCopper poster so accurate he got hired as an analyst

Join the discussion: See what’s trending right now on HotCopper, Australia’s largest stock forum, and be part of the conversations that move the markets.

The material provided in this article is for information only and should not be treated as investment advice. Viewers are encouraged to conduct their own research and consult with a certified financial advisor before making any investment decisions. For full disclaimer information, please click here.

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