I reckon you could also ask yourself at the same time as to how many have come onboard.Because since the trading halt on 30th September - near enough 1.5 billion shares have changed hands JUST on the ASX platform. And that's approximately ' double ' the total amount of shares issued in just the last Moblan placement and rights issue raising.865,512,352 to be exact were issued in the Moblan raising PLUS another 13,759,709 were added across 7 additional option conversion notices between 4th October and now plus a further 15,422,695 issued on 19/10/2021 which were not subject to the previous 3 B and were issued at AUD 0.01917960 for the purpose of additional working capitalSo that's a total of 894,694,756 new shares being issued at an average say 15.5 cent transacted equaling roughly $1.4 billion of value as against approximately $1.5 billion of ASX only shares being represented in the combined daily turnover volumes of these last 38 trading session's.And so for every SELL , there must be a BUY - therefore , I'm guessing an overall net increase to the absolute number of shareholders based solely on the expected news flow and anticipated drilling results of BOTH Authier and NAL...... What other Company in the Lithium sector .....or even GOLD sector would have this many ' metres ' outstanding and not be moving upwards in anticipation of pending results.
So that's around 16,000 - 17,000 metres of drilling results outstanding .....including almost 30% of the TOTAL metres ever drilled on NAL ( as per the record books ) . And even a 30 % increase in resources will put the combined estimated JORC lithium resources of Sayona at well over 100 million tonnes.
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Open | High | Low | Value | Volume |
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20 | 6468720 | 0.023 |
14 | 2757005 | 0.022 |
13 | 3581067 | 0.021 |
38 | 8519814 | 0.020 |
Price($) | Vol. | No. |
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0.026 | 4142752 | 15 |
0.027 | 4073247 | 21 |
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