Just wondering if this cap raise could be a binding offtake agreement and equity investment similar to CXO's with Ganfeng?
If it was a binding offtake and equity investment, would SYA's announcement today say "material capital raising" instead of "capital raising"?
Below are screenshots of CXO's announcements and the share price graph with a highlight for the date of the announcement.
Small dip before the long run up.
Ann: Trading Halt, page-136
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3.3¢ |
Change
0.001(1.56%) |
Mkt cap ! $329.3M | |||
| Open | High | Low | Value | Volume |
| 3.3¢ | 3.3¢ | 3.2¢ | $75.86K | 2.307M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 31 | 5175575 | 3.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.3¢ | 11201061 | 17 |
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| Last trade - 10.19am 06/11/2024 (20 minute delay) ? |
| SYA (ASX) Chart |