I think some people need to be careful with the wild predictions in the multiples of current SP (Some have suggested) because when you do that & the result isn't even remotely close/near your said predictions...
You could be setting many readers up for disappointment...
Is it a full Take-Over Offer? Is it Large Equity Stake? You have to also realise it said 'Potential' nothing is set in stone... If this was a full blown deal & a huge offer on the table there would've been mentions all over the AFR about it in my opinion.
But hey hopefully i don't get shot down for just stating an obvious opinion that theres even been predictions of $5/SP floating around on Twitter... etc
Just my opinion only. Hopefully it's great news for ya'll. I don't hold but it does help me indirectly if the offer is wild. Why?
- I hold MXR which is near ESS
- I also hold Lithium Stocks
- So a good outcome only BENEFITS the whole sector on the ASX
Thought i'd state that before people started accusing me of downramping etc... blah blah blah
-Just my opinion only, purely speculation & my interpretation only... NOT financial advice-
