If they have been day trading the balance of their Holdings - in this case and up to now , their 95 million. How is it that every single updated Top 20 listing has only ever shown their exact same balance of the 95 million. Are you suggesting that this amount just remains ' Static ' at whatever date and time the Share Register records the Top 20 distribution.
Because if they are trading on most days ....but conveniently NOT on the days the Top 20 listing is being reported , they must have sold or traded those shares to someone who bought them. And I'm presuming someone who is not them or not a related client
And because if this isn't the case , then it would imply that the Top 20 listing is never accurate according to those who are charged with keeping the records like Computershare etc...
Will be interesting to see how many they hold when the Annual Report is released . And I wonder which Broker they use to trade with as I've never seen their actual name appear in a broker report. And I assume with those sorts of collateral shares being held in other Australian listed stocks and not just Sayona , they would also have their own ASX Institutional trading license. Again though , I've never seen anything that would tie the Broker numbers back to them.
SYA Price at posting:
21.0¢ Sentiment: Buy Disclosure: Held
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