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3.85%

2.5¢ sayona mining limited

Hi Miles, is there a time limit as to when the funds must sell...

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Lizliz

48 Posts.

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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 -0.001(3.85%)		Mkt cap ! $257.3M

Open	High	Low	Value	Volume
2.7¢	2.8¢	2.5¢	$1.027M	39.76M

Buyers (Bids)

No.	Vol.	Price($)
88	11401312	2.5¢

Sellers (Offers)

Price($)	Vol.	No.
2.6¢	453541	3

View Market Depth

No.	Vol.	Price($)
87	11361312	0.025
62	14170535	0.024
29	8199780	0.023
21	4196409	0.022
15	2975067	0.021

Price($)	Vol.	No.
0.026	453541	3
0.027	7043217	17
0.028	7765316	37
0.029	6235309	26
0.030	6146497	45

Last trade - 16.10pm 03/09/2024 (20 minute delay)

SYA (ASX) Chart