And it will be particularly interesting what constraints and / or approvals PLL will need to move higher than the 20% on SYA's register if it should choose to once it has become a defacto ' American Listed Entity . Because they speak of takeovers and acquisitions being easier for them ....but I wonder how much more difficult it could become here given the concentration of existing Lithium Players and / or the significance of the Western Australian Deposits.And it ( PLL ) will effectively classed as a ' Foreign Entity ' ...albeit a U.S one. But still....perhaps given the recent deal would bring them right to the highest acceptable takeover threshold of 20% , their 25% interest ( or effective 40% ) in Sayona Quebec does suggest there might be a break up down the track.And irrespective , a FULL takeover of SYA would not only be subject to FIRB approvals etc.... but could also be a lot more complicated if Sayona was to be offered a Script component from PLL and not just cash.Either way , their stake would have to be considered a ' Poison Pill ' for any other fanciful predator .....and I guess it is better that they moved on Sayona before their vote approving the US listing and its scheme of arrangement.But this 100 CDI for every 1 common stock of Piedmont U.S will mean you have to have 100 times more Australian Piedmont shares just in order to obtain 1 ADS of Piedmont shares which is also currently equal to 100 piedmont shares.So it's a 100 to 1 dilution if you are holding Piedmont ASX shares....and base on yesterday's closing price and allowing for exchange rate movements was a whole lot cheaper buying your Top up or you ' significant ' stake over here rather than over there......
- Forums
- ASX - By Stock
- SYA
- General Discussion Topics
General Discussion Topics, page-627
-
- There are more pages in this discussion • 136,974 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SYA (ASX) to my watchlist
(20min delay)
|
|||||
Last
3.3¢ |
Change
-0.001(2.94%) |
Mkt cap ! $339.6M |
Open | High | Low | Value | Volume |
3.4¢ | 3.5¢ | 3.2¢ | $1.920M | 57.47M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
145 | 23474516 | 3.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.3¢ | 1567375 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
145 | 23474516 | 0.032 |
72 | 11268738 | 0.031 |
140 | 13002572 | 0.030 |
22 | 7181524 | 0.029 |
25 | 2133745 | 0.028 |
Price($) | Vol. | No. |
---|---|---|
0.033 | 1567375 | 4 |
0.034 | 7001309 | 24 |
0.035 | 6104470 | 43 |
0.036 | 8563677 | 31 |
0.037 | 3520014 | 24 |
Last trade - 16.10pm 26/04/2024 (20 minute delay) ? |
|
|||||
Last
3.3¢ |
  |
Change
-0.001 ( 4.41 %) |
|||
Open | High | Low | Volume | ||
3.4¢ | 3.5¢ | 3.3¢ | 28512819 | ||
Last updated 15.59pm 26/04/2024 ? |
Featured News
SYA (ASX) Chart |