What am I missing. ALB will confirm its $3 offer (that is the most it legally can do), you shareholders will vote yes or no and the world moves on. Although, realistically don't you or ALB need to drag this out for 4 months absent a superior offer if you want to get more money out of ALB?
If Gina wants a different outcome WITH ALB, doesn't she need to bid $3.01 to get things moving? Or is it in her best interest to wait until after the no-vote and then offer $3 and whatever talent she has for a deal sweetener before the shorts can cover?
Keeping it Simple, page-12
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Last
90.5¢ |
Change
-0.020(2.16%) |
Mkt cap ! $2.194B | |||
| Open | High | Low | Value | Volume |
| 91.0¢ | 93.5¢ | 89.0¢ | $26.09M | 28.68M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 472933 | 90.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 90.5¢ | 446423 | 6 |
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| LTR (ASX) Chart |