SYA 6.67% 3.2¢ sayona mining limited

General Discussion Topics, page-64004

  1. 12,896 Posts.
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    Not only that . The mere fact that it is just ONE source and not heard by a second corroborating trader or investor is at the least a little suss.

    I mean if you heard that Mark Creasy , Eric Sprott , Toga Kumova , Musk ....or any other Canadian Billionaire , you would most likely hear something if you trade with any sort of broker worth their salt.

    Hence the reason the stock normally ' Fly's '.

    But with Sayona , a meger 50 million in volume doesn't normally touch the sides going down and also wouldn't even move the needle in so far as the mandatory reporting percentage required by an initial sub notice.

    Maybe Nikos's source was confused because Lyxor International Asset Management was originally acquired by Amundi Asset Management Group when it ( Lxyor ) was a subsidiary of Society Generale ...which of course could be inadvertently construed as GS because of the back to front reverse interpretation of French to English.

    Irrespective , what wasn't wicked up at the time when this ' Trilogy ' of new Top 20 was obtained from Simply Wall Street and posted on the Forums a couple of weeks back is the fact that BOTH Black Rock and Vanguard are in the TOP 5 holders of BOTH Piedmont and Tesla.......sneaky.png

    And it's a interesting dynamic of holding 'defacto ' exposure or control because for those who have a Holding in Piedmont like Vanguard with around 4 % ish , and Black Rock with its approximate 1.6% by virtue of their connections to the Piedmont holding percentage of Sayona of lets call it 16.5% and 25% of Sayona Quebec. That would then make their total respective 1.01% and .92% more like an equivalent ownership profile in Sayona Quebec of around 2.67% ( or more than 100% more leverage over Sayona Quebec ) and 1.6%.for Black Rock ( Which is around 74% more )

    So their defacto exposure and potential control of the Quebec assets are compounded by the 41.5% that Piedmont holds in Sayona.

    So what then happens if Tesla invests directly a 10% stake in BOTH Sayona & Piedmont as well....... sneaky.png Because Vanguard holds around 6% and Black Rock has approximately 3.5% of Tesla.

    So that would then be around a 3.5% ' under the radar ' economic holding in Sayona Quebec where Black Rock just over 2% . However if they Vanguard and Black Rock were to JUST take on the interest in Sayona by way of a Tesla direct stake of 10% in Sayona Quebec ( somehow....what.png ) , then their holdings would only drop to around 3.3 % ( Vanguard ) , and just under 2% ( Black Rock ) . So not much difference if they just drop off increasing an exposure in Piedmont because Piedmont already has a significant economic stake in Sayona........

    Anyway , another angle to contemplate over......wink.png

 
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