You may create the tale you want gathering unrelated pieces.
If the world leading company offers 3.00 AUD per share, that’s the mínimum market value at that moment. ALB said that they would increase their offer if there was a counterbid.
So it wasn’t a bubble price. It was the price that ALB gave to Kathleen Valley, and they have far better knowlegde of the lithium market than you.
New TA/Charting, page-14699
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Mkt cap ! $2.037B | |||
| Open | High | Low | Value | Volume |
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Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 13110 | 87.0¢ |
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|---|---|---|
| 79.5¢ | 26354 | 3 |
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