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4.4¢ sayona mining limited

But remembering, Sayona also had $190 line of credit established...

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wallaby1964

14,382 Posts.

2526

20/04/24

10:45

Post #: 73436624
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Originally posted by Suvs: ↑

i agree. Much of the posting on here is intentionally confusing and misleading or off topic so that retail cannot use HC to inform their investment ideas. For instance very little actual discussion here of the ramifications of this sale.

i see a parallel with the last capital raise at 18 c. It didnt seem like we needed that cash at the time. Obviously in hindsight that move was absolutely key.

smaller cash generation with this sale but keeping as healthy a balance sheet as possible is prudent and maybe even more so as SYA tries partner up or apply for gov funding opportunities

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But remembering, Sayona also had $190 line of credit established prior
to that capital raise. We still have it and I believe our SP took a hit at that time.

Last edited by wallaby1964: 20/04/24

SYA Price at posting: 3.3¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 4.4¢		Change 0.002(4.76%)		Mkt cap ! $432.3M

Open	High	Low	Value	Volume
4.5¢	4.5¢	4.4¢	$542.8K	12.21M

Buyers (Bids)

No.	Vol.	Price($)
8	1506290	4.4¢

Sellers (Offers)

Price($)	Vol.	No.
4.5¢	7479137	32

View Market Depth

No.	Vol.	Price($)
21	5485124	0.044
26	9744810	0.043
28	5530910	0.042
37	8686623	0.041
113	15863634	0.040

Price($)	Vol.	No.
0.045	6497346	27
0.046	3880364	19
0.047	6266496	19
0.048	3578575	14
0.049	2441919	16

Last trade - 10.11am 27/05/2024 (20 minute delay)


Last 4.6¢			Change 0.002 ( 9.00 %)
Open	High		Low	Volume
4.5¢	4.6¢		4.4¢	10327424
Last updated 10.32am 27/05/2024 ?

SYA (ASX) Chart