SYA 3.03% 3.2¢ sayona mining limited

General Discussion Topics, page-96479

  1. 1,161 Posts.
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    Posting what? The numbers in that reply equal out to be roughly a 5b NPV?

    Have you noticed at each announcement made, there are swaths of people holding this stock who come out and say "What a dogstock", "This is shit". IMO its because there are people on these social media's who blow numbers and expectations wayyyy out of proportion to the retail holding of this stock and then we end up with a bunch of frustrated and disappointed holders. How many of the people who don't even comment on the thread do you suspect then end up selling?

    That pattern of high expectations being crushed has repeated itself for the last couple of announcements. The retail holding in SYA is abnormally high so the likelihood of selling off the back of disappointing figures is much higher.

    For comparison: What happens when a company like Netflix releases a below expectation earnings report to the market? It tanks. Now scale that down to the microcosm of SYA's retail holding when an announcement comes in lower than what they've been fed by someone else.
 
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Last
3.2¢
Change
-0.001(3.03%)
Mkt cap ! $329.3M
Open High Low Value Volume
3.2¢ 3.4¢ 3.2¢ $705.9K 21.55M

Buyers (Bids)

No. Vol. Price($)
179 36467535 3.2¢
 

Sellers (Offers)

Price($) Vol. No.
3.3¢ 1196969 4
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Last trade - 16.10pm 09/07/2024 (20 minute delay) ?
SYA (ASX) Chart
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