The share price yesterday rose on strong volume and I would expect it was done with knowledge that this announcement was coming out.
I will assume they bought with a thinking that this announcement would be positive or else why buy.
Maybe who they sold to is the key, because someone on the other side of the coin have spent $60mill to buy in. They would have to be pretty confident with the future of SYA to do so.
Ann: PLL: Piedmont Lithium Sells Sayona Mining Shares, page-52
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Last
4.4¢ |
Change
0.004(10.0%) |
Mkt cap ! $452.9M | |||
| Open | High | Low | Value | Volume |
| 4.0¢ | 4.5¢ | 3.9¢ | $6.247M | 146.6M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 389035 | 4.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.5¢ | 9873690 | 54 |
View Market Depth
| Last trade - 16.10pm 10/05/2024 (20 minute delay) ? |
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Last
4.5¢ |
Change
0.004 ( 11.5 %) |
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| Open | High | Low | Volume | ||
| 4.1¢ | 4.5¢ | 4.0¢ | 97842107 | ||
| Last updated 15.59pm 10/05/2024 ? | |||||
| SYA (ASX) Chart |