"UBS returned, but Morgan Stanley would also get a slice of the fees. The exact revenue from the deal is unknown, but large-scale transactions like this typically garner up to 2 per cent of the enterprise value once it closes."
Article "Inside Allkem’s $15b tie-up"
Financial review 19th May 2023
Wrap ya laughing gear around that little gem.
Fair to say Morgan Stanley and UBS are going to absolutely pump the guts out of this share price to get maximum 2% of market cap.
Horrible situation for shorts, smart ones would have copped the 16% hit last week and closed already.
Snaps biscuit, sips tea,
Not advice
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