SYA 5.88% 3.2¢ sayona mining limited

Ann: Moblan Drilling Shows Expansion Potential, page-93

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  1. 3,107 Posts.
    lightbulb Created with Sketch. 1177
    Good news that the current unstable, illogical and fear mongered market wont appreciate.

    Close at 8c?

    With Li prices lower, inflation and wars all management can do is ensure we are milking the NAL cow.
    Once the market turns hopefully we can then show we have a monster in Moblan and this will drive our market cap to new highs.

    To me the shares on issue are very helpful to avoid hostile takeovers as a potential buyer would have to pay more for our stock per share with more on issue. A good anchor but also a good "poison pill" it seems.

    Its also good we still have majority retail that could rally a no should a "cheap buyer" come along.

    All in good time folks.
 
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