SYA 3.13% 3.3¢ sayona mining limited

General Discussion Topics, page-89

  1. 12,827 Posts.
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    There is another ' Theory ' .....and that is that they needed to clear the decks from ' Someones ' existing holding due perhaps a pending ' Control ' issue which of course may be a preemptive move ahead of perhaps a MASSIVE capital raising at .006 cents - so in effect they get an opportunity to replenish them anyway down the track. I'm scratching my head here because I really can't find a valid reason why someone would jettison their holdings ....and such a significant parcel at such a discount .

    I guess it could have been Obsidian with their say ' remaining ' shares held from their last reported 52,289,688 which they held at 30th April. Would explain a lot as to the general ' Lid ' being kept on the SYA SP all this time ......so Lynch and Co just found a way to be rid of this hangover. That's about all I've got at the present moment , but if that's the case .....you'd better all brace yourselves because this is gonna absolutely FLY !.......biggrin.png
 
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131 21151240 3.2¢
 

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3.3¢ 1618716 6
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Last trade - 16.10pm 03/05/2024 (20 minute delay) ?
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