Hi Dynofish,
RIO has been mentioned as a potential suitor, but not FMG.
Over the last week FMG has increased by $2 a share to over $22, which was totally unexpected.
If FMG made a script offer of 1 FMG share for 4 LTR that would value LTR @ $5.50 a share.
That would surely get most people’s attention.
Also those wanting dividends would receive dividends immediately and not wait 3+ years.
Food for thought?
ASX Today, page-30808
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Last
83.5¢ |
Change
-0.045(5.11%) |
Mkt cap ! $2.024B | |||
| Open | High | Low | Value | Volume |
| 89.5¢ | 92.5¢ | 83.0¢ | $25.50M | 28.93M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 28887 | 83.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 84.0¢ | 22350 | 2 |
View Market Depth
| Last trade - 16.10pm 08/10/2024 (20 minute delay) ? |
| LTR (ASX) Chart |