SYA

5.26%

3.6¢ sayona mining limited

if the people loaning shares out don't, someone else will.

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Kiwijimi

550 Posts.

73

30/03/23

11:08

Post #: 67039783
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Originally posted by DoBetter: ↑

Just some thought and welcome others to please comment.

Our share price is around 20cents. That means the worst case scenario they can drive the price to zero , making 20cent times the quantity of shares borrowed. The owners of the shares make a % for lending out the shares. The owners however would need some guarantee from shorters they don't go to far in causing the company to collapse as the owners would lose their entire investment for the sake of the % . Even if, the owners have a deal with the shorters their investment is being adversely affected so they must be confident that once the shorters leave, the SP will rebound and some because at the end of the day, they invest to make money.

To me, it still doesn't make sense why the owners would be happy to make a % on their original investment when they can make multiples by allowing the SP to rise.. There must be something else. Accumulation you say?. The shorters are suppressing the price while the owners can accumulate more at a lower price. Makes sense to me but surely that would not apply to all shorted stock furthermore it would only work if there is a conspiracy. We know that ALB and RIO are on the lookout for M&A, we also know there are multiple car makers out trying to secure raw material. Only takes one to jump in and spoil the party which is very risky for shorters and yet they they continue.

Is the fact that SYA is somewhat protected from TO by IQ a double edged sword?

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if the people loaning shares out don't, someone else will.

SYA Price at posting: 20.5¢ Sentiment: Hold Disclosure: Held
1 Upvote

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(20min delay)
Last 3.6¢		Change -0.002(5.26%)		Mkt cap ! $370.5M

Open	High	Low	Value	Volume
3.7¢	3.7¢	3.5¢	$2.158M	59.44M

Buyers (Bids)

No.	Vol.	Price($)
6	2625000	3.6¢

Sellers (Offers)

Price($)	Vol.	No.
3.7¢	5881377	21

View Market Depth

No.	Vol.	Price($)
3	1525000	0.036
39	13222465	0.035
41	11642810	0.034
88	13962849	0.033
88	24000291	0.032

Price($)	Vol.	No.
0.037	4271168	16
0.038	4700418	15
0.039	3766746	20
0.040	2588936	27
0.041	1955896	11

Last trade - 16.10pm 28/06/2024 (20 minute delay)

SYA (ASX) Chart

if the people loaning shares out don't, someone else will.

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Featured News

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if the people loaning shares out don&apos;t, someone else will.

Top Stories

Week 26 Wrap: Cerberus of inflation barks – rents, electricity & fuel – and world watches two elders bicker

Larvotto identifies new exploration target at NSW's Hillgrove, boosting shares by nearly 20%

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Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

if the people loaning shares out don't, someone else will.