"We are entering take over waters"
As I wrote here days ago, the share price is being "held down" by interested parties.
Because...let's be honest, with a takeover offer of 0.50/0.60, more than half of the small investors will be satisfied, if the previous trading price is below 0.30.
And as I wrote at the time: the LPI management is in favor of the offer, as these people are guaranteed a seat in the management of the acquiring company.
Not to forget: the $30,000,000 from Albemarle will of course also go over to the buyer.
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