Highly doubt WES tries for Lynas again - especially given previous attempt at $2.25 was highly opportunistic & perhaps a bit strategic to assist LYC negotiate in Malaysia rather than a genuine bid - as no follow up bids or increased offer from WES
More significantly WES doesn't even have enough cash on hand & already holds over $4B debt - plus they just allocated $1B spend on existing businesses this coming year
But who knows? It's possible WES offers $10 per share? Though highly unlikely in my opinion
LYC highly unlikely to accept any takeover offers now they have USA DoD support & Texas & Kalgoorlie operations & Mt Weld expansion coming online soon - and record profit announced
WES more likely to try for ARU or copper or nickel or more lithium juniors
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Last
$6.40 |
Change
0.000(0.00%) |
Mkt cap ! $5.986B |
Open | High | Low | Value | Volume |
$6.47 | $6.48 | $6.34 | $14.62M | 2.277M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
50 | 16570 | $6.39 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$6.40 | 10909 | 24 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
25 | 29034 | 6.380 |
18 | 33661 | 6.370 |
16 | 43781 | 6.360 |
11 | 29260 | 6.350 |
8 | 80916 | 6.340 |
Price($) | Vol. | No. |
---|---|---|
6.390 | 6166 | 15 |
6.400 | 26509 | 30 |
6.410 | 54346 | 21 |
6.420 | 48767 | 12 |
6.430 | 28258 | 11 |
Last trade - 14.28pm 12/07/2024 (20 minute delay) ? |
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LYC (ASX) Chart |