managed to hear last part of the web session ... mainly the questions
seems that ALB consider that its good deal (subject to confirming things in their dd) that will bring ‘value & wealth’ to ALB. ...... so on that basis, I have gut feeling that we (LTR shareholders).
are ‘getting the rough end of the pineapple’ in the current offer.
Its true ALB has upped their offer since the initial March offer, but in meantime the mine construction has progressed (less risk) and there has been further work on proving resources etc .
ALSO the Aust dollar has depreciated by the order of 5% in this time .
They ALB want a lucrative piece of Aust on the cheap @$AUD3...... They need to be told ‘they are dreaming’.
Ann: Revised Proposal from Albemarle, page-713
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Last
83.5¢ |
Change
0.020(2.45%) |
Mkt cap ! $2.024B | |||
| Open | High | Low | Value | Volume |
| 82.0¢ | 85.0¢ | 81.5¢ | $9.483M | 11.34M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 31655 | 83.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 83.5¢ | 60687 | 8 |
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| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| LTR (ASX) Chart |