SYA 2.70% 3.6¢ sayona mining limited

An you cannot tell me that because it was a continuous sell off...

  1. 3,073 Posts.
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    An you cannot tell me that because it was a continuous sell off that it only needed to be disclosed once all was sold. The ASIC regulations state:
    https://hotcopper.com.au/data/attachments/5983/5983116-870861a9c477a270b95ec8588c9b7639.jpg

    An you cant tell me it takes 2 weeks to get this notification out. SYA managed to get out there corporate update in a day after supposedly "finding out about the sale" and of course, if our management isnt "in on this" which they dont appear to be. They wouldnt have known.

    Because further understanding of SYA management knowing about the sale paints them in a bad picture too. Because if you have your top no.1 shareholder selling shares and your aware of it. They are a shareholder, so it would be a requirement that because of "continuous disclosure" that they SYA then inform mum and dad investors. Now pairing this with the claim by another forum user that SYA had no knowledge of this. It would be on PLL to not only explain why the delay in notification of change in holding, but also the coincidental share price spike not long after the commencement of the sell off.
    Last edited by Kevo88: 23/02/24
 
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