SYA 3.49% 4.2¢ sayona mining limited

Given cash at the half year of 160 m. This is now probably...

  1. 49 Posts.
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    Given cash at the half year of 160 m. This is now probably around an enterprise value of 200 m. They have just spent like 50m or more upgrading NAL. That asset is clearly worth a lot in a reasonable lithium environment. You could make a super strong case to buy this based on book value alone. Yet clearly no big player is attracted to this value. What is going on?
 
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4.2¢
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Mkt cap ! $427.1M
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4.3¢ 4.3¢ 4.1¢ $644.0K 15.30M

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No. Vol. Price($)
65 11000080 4.1¢
 

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Price($) Vol. No.
4.2¢ 4065027 47
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Last trade - 15.05pm 30/05/2024 (20 minute delay) ?
Last
4.1¢
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