SYA 0.00% 3.3¢ sayona mining limited

It's a much lower bar to be punted from the Index than it is to...

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    It's a much lower bar to be punted from the Index than it is to enter it. The rationale is so the index doesn't chop and change too frequently. Maybe a 30% drop from here would get it there but maybe even that now would be too late to be considered for a December rebalance exit.

    Come Q1 production will be close, inflation under control (fingers crossed). As investors pile into the market again she'll start rising again. I don't think we should be worried about an ASX 200 exit now. I don't think the shorters would even want that.

    What we need is inflation to come down, interest rates to plateau and production to come on line.

    Ripe picking for anyone wantng a takeover.

    And for those of you thinking a share consolidation will do anything, it's all about market cap and not the price so it won't do anything.
    Last edited by sethkor: 28/11/22
 
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