imo, this is interesting, has anyone think why LTR choose to make the offical announcement about the 3rd proposal? is it because they want to boost up the share price? to short squeeze the shorters? or trying to create the bidding war?
I think they are after an TO offer, and I've re-read the announcement again it said "...carefully considered..." why carefully considered when you are not interested in TO proposal?
then the next message they want to tell the bidders (this is IMO) don't you guys try to take advantage of the recent softness lithium sector and think you guys can TO us at cheap price.
then they listed few points to show that we are worth more than $2.5 ps.
so I guess the message is clear that they have this (TO) in mind, so it is interesting to watch who will be the second bidder, and at what price.
We are all behind Tim Goyder and his team. We are his team!, page-399
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Last
85.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $2.073B | |||
| Open | High | Low | Value | Volume |
| 85.5¢ | 89.0¢ | 84.5¢ | $11.18M | 12.91M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 11235 | 85.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 86.0¢ | 19200 | 2 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| LTR (ASX) Chart |