SYA 8.33% 2.6¢ sayona mining limited

I reckon it's already being done mate. Via and courtesy of '...

  1. 12,830 Posts.
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    I reckon it's already being done mate. Via and courtesy of ' Virtu Financial ' as I had previously highlighted in that previous broker report. I note that the last broker report was virtually useless as it was only for the one day on 5th August and had left out approximatey 7 days of trading following the identification of Virtu as a significant net buyer. I personally don't mind if they are involved as this is what the whole Sayona trade is about - ie it's about seeking and finding value at different price points and on significant volumes traded.

    Whether they hold or not , the churn in the share register would imply that some of these trades would be trying to ' discover ' value for themselves based on ALL the available research they have. So I would say primarily , that these sorts of Investors would have a ' value ' bent on the reasons why they want to participate in the first place.

    So I would also suggest that this level of activity and interest is extremely healthy and good for the continued strength int he emerging Sayona ' Story ' as reflected by its SP and valuation. Particularly as it has found the ' Magical ' 14.0 cent level based upon and around a whole array of different supporting Market Capitalization valuations which were put up.

    So I wouldn't be complaining about this at the present moment as it's better than ZERO volume based on lack of interest in what's emerging.
 
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Last
2.6¢
Change
0.002(8.33%)
Mkt cap ! $267.6M
Open High Low Value Volume
2.5¢ 2.7¢ 2.5¢ $1.316M 50.97M

Buyers (Bids)

No. Vol. Price($)
10 2045173 2.6¢
 

Sellers (Offers)

Price($) Vol. No.
2.7¢ 10890743 33
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Last trade - 16.10pm 16/08/2024 (20 minute delay) ?
SYA (ASX) Chart
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