But if those funds are used to expand and growth comes in multiples then internal raising now is far better than staying where we are. Even if a shareholder does not participate in the placement now (as I did not in April), their share value will be worth far more than if the company did not accept funds and use these funds productively.
Sayona is demonstrating its' use of capital is outstanding - and if a company is using capital in an outstanding manner then it makes more sense than not to over-fund operations.
I normally avoid capital raising, but this certainly peaks my interest. I think anyone who sells now, even if they are selling shares allocated on the SPP at 7.5c when they are allocated, is making the mistake of a lifetime potentially if they can afford to hold for 3-5 years.
This is going big. We have photos to prove it.
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