yes TR I 100% agree with you but what I was saying was that WES is not, IMO going for a take over. As you said TG and his friends and family would be enough to stop it anyway. WES knows that a hostile take over would never work here. I am speculating that they may being encouraged to buy in by LTR to put them in a position to come into a refinery JV with LTR in a few years. Under this scenarios LTR would still own the resource 100% but have a JV with WES to refine. Remember that TO has suggested a few times that longer term a JV might be the right vehicle for LTR to get into refining faster and with the necessary expertise. Note that WES is building a refinery now for Mt Holland with SQM and will be learning alot so they are the perfect partner.
ASX Today, page-23822
-
- There are more pages in this discussion • 17,721 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add LTR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
96.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $2.340B | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 3844 | 99.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 92.0¢ | 5391 | 1 |
View Market Depth
| Last trade - 09.44am 12/07/2024 (20 minute delay) ? |
| LTR (ASX) Chart |
Day chart unavailable