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2.5¢ sayona mining limited

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Lizliz

48 Posts.

4

08/03/24

16:42

Post #: 72818978
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Originally posted by MilesCC: ↑

I think that getting out of the asx200 will force some fund to dump their holding. It doesn't change that if the lithium down turn is ending to be a big positive for SYA and other in the same sector. But no matter what those fund need to sell as many can only hold stock from the asx200....if lithium is really picking up, this is hilarious, many of those fund, big holder, must sell while witnessing a possible uptrend happening....and because some of those big holder, that have lend they stock to shorter, need them back....that could explain the lower holding by shorter ( from shortman.com.au).
So yes, we are going backwards, I expect more ann from fund to say that they no longer hold, this will scare some holder, and more pressure on the SP, but no matter this, if the price of lithium is to keep rising, once those fund are finished to sell....it is going to be a very good time a bit later on. If lithium price doesn't pick up, well...we are in for more pain. The key is lithium price and recent sign are positive...I am waiting a bit more to get back in...

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Hi Miles, is there a time limit as to when the funds must sell their shares by?

Many thanks,

SYA Price at posting: 4.1¢ Sentiment: None Disclosure: Not Held
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(20min delay)
Last 2.5¢		Change 0.000(0.00%)		Mkt cap ! $247.0M

Open	High	Low	Value	Volume
2.5¢	2.5¢	2.4¢	$398.7K	16.18M

Buyers (Bids)

No.	Vol.	Price($)
69	14740879	2.4¢

Sellers (Offers)

Price($)	Vol.	No.
2.5¢	7706696	31

View Market Depth

No.	Vol.	Price($)
70	14758379	0.024
41	11546087	0.023
26	6041787	0.022
20	2122067	0.021
50	9125711	0.020

Price($)	Vol.	No.
0.025	7617992	29
0.026	3804637	18
0.027	6911678	21
0.028	6714383	30
0.029	4645309	23

Last trade - 12.31pm 04/09/2024 (20 minute delay)

SYA (ASX) Chart