SYA 3.03% 3.4¢ sayona mining limited

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    lightbulb Created with Sketch. 164
    So id assume it means this.


    So we need the median daily value traded on asx (6 months) = 7.34c

    average float/index weighted market capitalization for previous six months = 8.29b x 7.34c = $608.5m

    However if we divide that sum by the median daily value itll just be 8.29b so i think i messed up somewhere.

    Perhaps they only calculate that because of cash raises etc, in which case the amount of shares would be different so the values would change, maybe if its a certain % less then its dropped.
    Last edited by LStruthers: 21/02/24
 
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