True, convention might be togetherness in a board, but nothing says “you won’t be taking these shares except from my cold hard fingers later” than a new board member who bought recently above the “offer” price saying “no” and that may be all that is “needed” for the rest of the board to have a “change of mind ALB - sorry”.
News reports overnight include the following …
“Hancock can contribute to Liontown’s future direction alongside other Liontown shareholders, including in relation to potential investment opportunities for downstream value add in West Australia. In the future, Hancock may also seek a position on Liontown’s board,” the company said in a statement.
I think there’s more to come here yet.
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