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1.39%

3.6¢ sayona mining limited

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bear2bull2020

249 Posts.

35

23/02/24

12:31

Post #: 72558559
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Originally posted by mmoore1957: ↑

The Shorters who bought the around 1 Billion shares yesterday had borrowed the shares from the registered owner for the express purpose of using these shares for a shorting strategy. They would have made a substantial profit in so doing. In fact they actually made an extra A$12m on buying the shares from PLL calculated as follows: (SYA opening price $0.064 - PLL sell price A$0.052) x 1 Billion shares. Not bad for a day's work!
The registered holders of these shares are now being forced to sell because of SYA's exit from MCSI and probably ASX200 . They are the ones who are now losing the money.

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Similar to the last $200M cap raise?

SYA Price at posting: 4.3¢ Sentiment: Hold Disclosure: Held
2 Upvote

0 Great analysis

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(20min delay)
Last 3.6¢		Change -0.001(1.39%)		Mkt cap ! $365.4M

Open	High	Low	Value	Volume
3.6¢	3.7¢	3.5¢	$414.9K	11.53M

Buyers (Bids)

No.	Vol.	Price($)
98	15245424	3.5¢

Sellers (Offers)

Price($)	Vol.	No.
3.6¢	1836660	30

View Market Depth

No.	Vol.	Price($)
96	15216691	0.035
48	8733520	0.034
46	14773424	0.033
64	16589784	0.032
26	15999517	0.031

Price($)	Vol.	No.
0.036	1526405	26
0.037	5560285	13
0.038	5638976	20
0.039	5067130	20
0.040	4199816	31

Last trade - 10.47am 17/06/2024 (20 minute delay)


Last 3.6¢			Change -0.001 ( 3.79 %)
Open	High		Low	Volume
3.6¢	3.7¢		3.5¢	4576203
Last updated 11.05am 17/06/2024 ?

SYA (ASX) Chart