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3.3¢ sayona mining limited

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Bob183

1,769 Posts.

190

16/03/23

15:34

Post #: 66804983
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Originally posted by Kevo88: ↑

The governments already have control over enough. Regulations increased significantly since covid.
An as I said, when an opportunity arises people will take or try to exploit it. If you put in place regulation, people will simply try to find ways around it. Seems like a huge cost to the tax payer, more red tape and a massive waste of time. Tax it make some money and let it go.

I am definitely of the opinion a free market will operate more effectively than a heavily regulated one.

Your also incorrect on The Analysts comment. I agree with what he has said.

Shorters only target what they are more than certain 50% will drop in price. So not all banks would be a target. You would have to deep dive into the banks P&L, Balance sheet and other various data to determine weak ones from strong ones. They would likely only short ones they believe to be weak. An from that standpoint, its survival of the fittest. Worst case a strong bank gets shorted, the stock price goes up and the short loses money. So I fail to see how that isnt just a bad pick and needs regulation.

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So are you hedging and shorting SYA presently???

SYA Price at posting: 21.8¢ Sentiment: None Disclosure: Held
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(20min delay)
Last 3.3¢		Change 0.000(0.00%)		Mkt cap ! $339.6M

Open	High	Low	Value	Volume
3.4¢	3.4¢	3.2¢	$1.146M	34.72M

Buyers (Bids)

No.	Vol.	Price($)
192	43663104	3.2¢

Sellers (Offers)

Price($)	Vol.	No.
3.3¢	3291593	14

View Market Depth

No.	Vol.	Price($)
191	43653104	0.032
51	21434840	0.031
98	16633406	0.030
27	2917938	0.029
21	3977155	0.028

Price($)	Vol.	No.
0.033	3291593	14
0.034	8577174	34
0.035	12701208	39
0.036	4529030	31
0.037	2642985	15

Last trade - 16.10pm 23/07/2024 (20 minute delay)

SYA (ASX) Chart

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