Todays big news that Albermarle has made a huge big for LTR confirms to me we are sitting ducks. I consider that once our drill results are confirmed and the resource put out in April that formal approaches will occur.
Think about it
- lots of big holders be keen to cash in from low levels
- amazingly quick turn around for drills and jorc
- tunks is a deal maker, one of the best i have seen.
I can see a 25c offer which of course is unders where this will be in a few years but its also a great return in a quick amount of time. In the lead up I can see us getting to 20c which makes the premium big by todays standards but not big by the price it will be shortly before the formal approach
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Last
10.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $241.3M | |||
| Open | High | Low | Value | Volume |
| 11.0¢ | 11.0¢ | 10.5¢ | $91.44K | 855.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 1242379 | 10.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.0¢ | 708537 | 9 |
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| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| MEI (ASX) Chart |