With the new shares about to be added to the float soon....say 600,000,000 shares times a premium buyout price of 10 cents a share which no one would object to...
LG Chem or Tesla could have our entire operation for under 60 Mill AUD..... that's mere pennies to them....and it makes perfect cents!
I think this is a real possibility, especially with LG Chem about to spin off on its own. And we all know Tesla is looking to buy a piece of LG Chec, once that happens.
This is the smart move if LG and/or Tesla want to further guarantee their position in the supply chain.
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