I think your right.. It will be close to 100% in favour because i just dont see how voting the merger down benefits SYA and its shareholders at all and those who vote no out of spite for Piedmont and the history the partnership has had, well theyre entitled to their vote, but it wouldnt be in the best interests of their holding i wouldn't imagine.
NO ONE knows what the price will do. NO ONE predicted the sharpness and speed of the last price rise so think about this.....(this is pure specualtion and not advice) If we see a massive uptick in price in the 2nd half of this Calendar year, the majority of the shipments, or ALL if im not mistaken are PLL shipments. They would see the upside and Sayona would be left with the unfavourable offtake price. This is no secret this deals bad so dont reply and tell me this is exactly why we shouldnt merge with this company... weve been over it too much already. This is the situation. the merge is the way forward.
SYA Price at posting:
1.5¢ Sentiment: Buy Disclosure: Held
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