The post below is to answer to the meaningless thread "How much do you think of the fair SP for LTR to be acquired" opened by a ALB supporter poster. Yes I believe ALB and its associates send their people here to test our sentiment. It's OK. But here is the answer by a sample.
Wesfarmers (WES) made a takeover offer to Lynas (LYC) on March 25 2019.
That was an opportunistic offer as well.
Offer price was $2.25,
by a premium to its last trading level of $1.50.
REJECTED BY LYC BOARD.
Then in Jan. 2022 LYC's stock price was $11.
(Now $6.55)
The guys who didn't sell it to the offer price made more than 4 bagger of offer price.
"How much do you think of the fair SP for LTR to be acquired"
According to our all calculations LTR may reach to %15 stock price in next 3 years.
Realistically if someone wants my LTR shares now I would them for $7.
We are all behind Tim Goyder and his team. We are his team!, page-505
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Last
92.5¢ |
Change
-0.040(4.15%) |
Mkt cap ! $2.243B | |||
| Open | High | Low | Value | Volume |
| 94.0¢ | 95.0¢ | 92.0¢ | $8.521M | 9.153M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 26 | 369258 | 92.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 93.0¢ | 5600 | 2 |
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| Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
| LTR (ASX) Chart |