SYA 1.47% 3.5¢ sayona mining limited

todays chart, page-2

  1. 12,830 Posts.
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    Ya totally agree - it's going to be a really prolonged ' slow burn ' to somewhere between 10 cents and 20 cents . And well before the successful bidder is confirmed I feel. Reason is twofold. FIRSTLY , and as I stated , I reckon there will be more news items before this announcement. And SECONDLY , they will want to get this SP up as high as they can so they can potentially raise as much as $50 - $100 million including the 3's and 4 cent options.

    That's just one of my thoughts. So potentially a 1 for 5 or thereabouts rights issue at 20 cents would easily get you your $100 million ....so in that case the SP would have to in fact be even higher than that. But you get where I'm leading with this.

    So yeah , the run is far from over in my opinion.
 
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Change
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3.4¢ 3.5¢ 3.4¢ $312.9K 9.124M

Buyers (Bids)

No. Vol. Price($)
89 20899930 3.4¢
 

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Price($) Vol. No.
3.5¢ 12132725 49
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Last trade - 13.04pm 02/07/2024 (20 minute delay) ?
SYA (ASX) Chart
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