Not sure why TG and the board would accept a lower offer, after being fully funded through to a production date that will be very close in 4 months. Shareholder register would have lots of LTH who would reject too, seems unlikely.
As for PLS, who can afford them? They’ve traded as high as $15b + and the board are extremely confident of the coming long term supply deficit. It would take much more for the board to accept an offer, given they’ve got so much growth planned and fully funded. Company would be aware and deterred by how expensive PLS are to buy.
For what’s its worth, I do believe Gina and CE want to takeover WA though.
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Last
75.3¢ |
Change
0.028(3.79%) |
Mkt cap ! $1.800B | |||
| Open | High | Low | Value | Volume |
| 73.5¢ | 75.5¢ | 73.0¢ | $5.658M | 7.637M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 32 | 251343 | 75.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 75.5¢ | 311833 | 25 |
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| LTR (ASX) Chart |