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3.13%

3.3¢ sayona mining limited

NAL Bid Share Price Predictions, page-17

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MrAwesome

483 Posts.

148

16/04/21

21:44

Post #: 52530741
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Originally posted by Sweetsound: ↑

SP went up not because of NAL bid - the NAL bid has been tabled for ages - the SP went up because of PLL's association and buy in plus the offtake agreement - even without NAL win, the association won't disappear (and nor will the resource) as it is not dependent on NAL bid win.

SP also went up since the lithium sector is hotting up again with commodity price increases and since SYA is one of the few with such a low market cap and has some way to go to catch up.

SYA has grown it's tenements, drilling is on the way in the Pilbara and will have cash in hand after the rights issue - SP drop maybe, maybe not.

We've yet to see how the SP will be once the rights are converted and become part of the 'common' pool - however, depending on news flow in the interim, one hopes that trading prices will at least stay around current levels and not drop back to it's issue price - no reason why it should with cash in hand - but as usual, there will be profit takers in days following the converted shares being in market.

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SYA wins the bid i will stop holding my breath and uncross my fingers

SYA Price at posting: 4.1¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 3.3¢		Change 0.001(3.13%)		Mkt cap ! $339.6M

Open	High	Low	Value	Volume
3.3¢	3.4¢	3.2¢	$723.3K	21.93M

Buyers (Bids)

No.	Vol.	Price($)
182	43325841	3.2¢

Sellers (Offers)

Price($)	Vol.	No.
3.3¢	2030189	8

View Market Depth

No.	Vol.	Price($)
182	43325841	0.032
72	25252428	0.031
118	18306930	0.030
33	8317448	0.029
22	2977581	0.028

Price($)	Vol.	No.
0.033	2030189	8
0.034	9372594	33
0.035	8824095	22
0.036	4377502	18
0.037	2745373	17

Last trade - 16.10pm 11/07/2024 (20 minute delay)

SYA (ASX) Chart