On the subject of the big banks and instos, is it a given that they will not / cannot / tend not to invest in any company whose share price is written in cents, not $? regardless of the attractions of doing so?
Are the banking regulations involved in these sort of investment decisions? I can understand super funds being barred from 'spec' shares, but the others?
Perhaps the answer is obvious but this little black duck is still learning!
It would certainly, I think, lead a company like Sayona to fast track a share consolidation at this stage of its rapid development.
And would such a consolidation have it's own intrinsic benefits as well? Questions, questions .....
All IMHO only.
On the subject of the big banks and instos, is it a given that...
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Last
2.7¢ |
Change
0.003(10.4%) |
Mkt cap ! $267.6M | |||
| Open | High | Low | Value | Volume |
| 2.5¢ | 2.7¢ | 2.5¢ | $1.144M | 44.36M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 22 | 4886572 | 2.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.7¢ | 11963447 | 47 |
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| Last trade - 14.44pm 16/08/2024 (20 minute delay) ? |
| SYA (ASX) Chart |