M&G/Vanguard, topping up after a long time is a good sign.
I am not thinking ECE is the type of to go for full t/o
Look at their other ASX plays still part owners and willing to work with other parties and thus spread risk.
More of a defensive move(secure supply?) to Rockwood Talison holding 55% of market
T/o may come at some stage I think but not before debt and ramp up are improved on.
Should a takeover come would need to be someone with a lot of cash.
Could be a big Lithium player or electronics/battery company etc.
Batttery grade certification is a definite plus.
Hopefully they have enough cash lifelines to finally get it together. Last major Cap raising they say.
- Forums
- ASX - By Stock
- GXY
- Ann: Change in substantial holding
Ann: Change in substantial holding , page-6
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)