SYA 3.33% 3.1¢ sayona mining limited

Yes, I have always believed Sayona is undervalued and I can see...

  1. 1,297 Posts.
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    Yes, I have always believed Sayona is undervalued and I can see the potential of $1-$2 sp in the next 18 months, I am not disputing that. I don’t think you understand the fundamental problem with share dilution. For example if Sayona do a future CR @15c with a total SPP of $5million = 33 millions share on offer, hence less dilution(half). Why on earth do you want to do it at 7.5c? I rather if Sayona needed more capital to raise it at a later date. They have enough money in the piggy bank with this current CR. Why dilute it unnecessarily? Secondly if I hold $5k worth of share, and I decided to buy the full option of $30k because I know that I literally just double my money by exercising SPP. What do you think I will do once I get the 30k SPP? So you tell me as a long term holder, a true believer in Sayona and it’s future, what should I do if I was Brett and the BODs? I know what I would do, do you?
 
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Last
3.1¢
Change
0.001(3.33%)
Mkt cap ! $319.0M
Open High Low Value Volume
3.0¢ 3.2¢ 3.0¢ $292.1K 9.444M

Buyers (Bids)

No. Vol. Price($)
7 962981 3.1¢
 

Sellers (Offers)

Price($) Vol. No.
3.2¢ 5477257 25
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Last trade - 16.10pm 31/07/2024 (20 minute delay) ?
SYA (ASX) Chart
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