SYA 7.14% 2.6¢ sayona mining limited

If there is no downrampers, why the share price should go down...

  1. 134 Posts.
    lightbulb Created with Sketch. 13
    If there is no downrampers, why the share price should go down to 2.4c just after announcing 68% increase in the resource size.

    You can simply calculate yourself:
    Before increase, the minimum share price was around 2.4c.
    After 68% increase, the minimum (not average) share price should go to 4c (2.4*1.68).


    Are you telling me that normal share holders sell their shares cheap once they see the resource size increases?

    Please do your own research.
 
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