I wasn’t expecting Tim to accept $3 either back in Sep when they did endorse it with conditions of course
so we’re guessing
the reality is that a takeover price can be very cheap, can be fair, or can be very high
It’s an emotionally charged event because one has to give up the farm. The emotional aspect is partly affecting perception until reality sets in revealing whether the price was too low, too high or fair
We can all dream of production in the next 25 years with annual divvies but M&A top contender is Ltr
Anyone can talk about visions, long term strategy etc but one should realise every lithium project has a price acc to DR
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