the SYA BOD are actually very clever, and i havent seen this posted here yet.
they specifically allocated the largest chunks of the SPP to the LONG TERM HOLDERS.
they did this knowing that LT holders will NOT be flipping the stocks for ST gains, like DayTraders do.
THIS is why the SP has held up nicely today.
AND will CONTINUE to hold up nicely going forward.
GENUIS MOVE!
GLTAH SAYONERS...
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Last
3.0¢ |
Change
-0.001(3.23%) |
Mkt cap ! $308.7M | |||
| Open | High | Low | Value | Volume |
| 3.0¢ | 3.1¢ | 3.0¢ | $655.3K | 21.50M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 131 | 33563667 | 3.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.1¢ | 503427 | 5 |
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| Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
| SYA (ASX) Chart |