SYAXF Elevra Lithium Ltd

BEARISH Impact: 6/10 6-K
Horizon days Filed May 14, 2026 Processed 1mo ago SEC 0001140361-26-021161
Notable filing: 6-K
Latest settled — T+5d
SYAXF ▲ +1.16% at T+5d
SHORT call ✗ call lost -1.16% · α vs SPY -1.88% · entry $8.60 → $8.70
Next anchor: T+20d due yesterday
Currently $8.47 · +1.51% from $8.60 entry (call sign-flipped)
Entry anchored
May 14, 2026
via day open
T+1d
-7.56%
call +7.56% · α +6.33%
$7.95
settled 29d ago
T+5d
+1.16%
call -1.16% · α -1.88%
$8.70
settled 23d ago
T+20d
call — · α —
due yesterday
T+60d
call — · α —
in 8w

Price Chart

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Executive Summary

Elevra Lithium completed a fully underwritten A$275 million institutional placement, issuing ~22.5 million new shares at A$12.20 each, representing 13.3% dilution. Proceeds will fund the NAL Brownfield Expansion and Moblan pre-development. The placement was priced at an 11.2% discount to the last close.

Actionable Insight

The 13.3% dilution at a discount is a clear near-term headwind for existing shareholders. Monitor the SPP uptake and any further details on the convertible notes investment announced yesterday. The stock may trade down toward the placement price in the near term.

Key Facts

  • A$275 million raised via placement of ~22.5 million new shares at A$12.20 per share
  • Placement represents 13.3% dilution of existing shares
  • 11.2% discount to last close of A$13.74; 8.7% discount to 5-day VWAP of A$13.36
  • Settlement expected May 15, 2026; trading on ASX from May 18, 2026
  • Additional SPP of up to A$20 million offered to eligible Australian/NZ shareholders
  • Proceeds to fund NAL Brownfield Expansion and Moblan pre-development through FID

Financial Impact

A$275 million raised with 13.3% dilution at an 11.2% discount to last close

dilutionshare count

Risk Factors

  • Dilution of 13.3% may pressure EPS and ownership
  • Discount to market price could lead to short-term selling
  • Execution risk on NAL Brownfield Expansion and Moblan development

Market Snapshot

Exchange
OTC
Sector
Mining & Quarrying of Nonmetallic Minerals (No Fuels)
Analyst Consensus
86% bullish (7 analysts)

Documents Analyzed

This report is based on 4 SEC documents filed with EDGAR.

DocumentAccession Number
6-K Filing (Primary)0001140361-26-021161
Document: 0001140361-26-021161-index-headers.html0001140361-26-021161
Document: 0001140361-26-021161-index.html0001140361-26-021161
Document: 0001140361-26-021161.txt0001140361-26-021161
3 reports for SYAXF
Performance horizon

Track record builds as more directional reports settle.

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Reports for SYAXF — sortable, filterable
Type Now
May 14, 2026
4w ago
6-K
BEARISH ★ 6/10
$8.60 $8.70▼ −1.16%▼ −1.88%$8.47 (+1.51%)
May 13, 2026
4w ago
6-K
BULLISH ★ 7/10
$9.08 $8.34▼ −8.15%▼ −8.01%$8.47 (−6.72%)
May 11, 2026
4w ago
6-K
BULLISH ★ 7/10
$9.90 $8.01▼ −19.06%▼ −19.14%$8.47 (−14.40%)
Showing 3 of 3

US Market Status

Market Closed — Opens Mon (47h 5m)

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