SYA 3.03% 3.4¢ sayona mining limited

General Discussion Topics, page-16980

  1. 1,297 Posts.
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    True, I was in the meeting as well. The only issue was the fact that Brett and BOD will accommodate for the over subscription. He didn’t mentioned a figure, which I believed was the real driver to the 15% dropped in the current share price. I think the market just assumed they will accommodate for a lot more than the $5 million initially suggested. But in my opinion it doesn’t make sense to allocate more than $10m SPP (doubled), otherwise it’s too much unnecessary dilution. Brett and BODs knows this because they have a lot of skin in the game. It’s like shooting yourselves in the foot. I think the message came out wrong and thus the interpretation. By the end of the end, we should be back on track is my opinion.
 
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