LTM 3.91% $3.44 arcadium lithium plc

General Discussion, page-1903

  1. 740 Posts.
    lightbulb Created with Sketch. 323
    “Gradiant, a global solutions provider and developer for advanced water and wastewater treatment, has announced partnerships with SLB (formerly Schlumberger), Rio Tinto, and an Australian global mining company to improve productivity and sustainability in the mining industry with a focus on reducing carbon and water footprints.
    https://en.antaranews.com/amp/news/280269/gradiant-advances-sustainability-in-mining-through-partnerships-with-slb-rio-tinto-and-an-australian-mining-company

    SLB being the company that just made a significant investment in
    ILiAD Technologies (subsidiary of Energy Source Minerals or ESM), the same company Arcadium is backing, using and working on their DLE tech. Article mentions “an Australian global mining company”, but they don’t explicitly name them. Article is more than a year old.

    Rio has probably been looking at Livent and possibly other brine miners for a while now and perhaps the merger that created Arcadium presented a nice package, the brines, the head start on the tech, the fit with the businesses they are already working with...that are mentioned in this article, but of course they all know each other in some form I guess. It’s not a great big pool.

    I’m interested in any offer over 8.60€ as that would give me 100% profit and I think in the next couple of years it could go a lot higher. I think Rio would buy Arcadium tomorrow but they know that the share price is not close to what they will be expected to pay.

    …if wishes were fishes,

    and I probably wouldn’t be thinking like this if I wasn’t in the red. It doesn’t bother me much, but the choices are just rosier when one has options ; ) and I can’t sell the majority until this is at least 100% up from my average buy price. It doesn’t make sense any other way with all the data on the continuously climbing EV and storage numbers.



 
watchlist Created with Sketch. Add LTM (ASX) to my watchlist
(20min delay)
Last
$3.44
Change
-0.140(3.91%)
Mkt cap ! $1.202B
Open High Low Value Volume
$3.51 $3.55 $3.43 $6.818M 1.960M

Buyers (Bids)

No. Vol. Price($)
1 5000 $3.43
 

Sellers (Offers)

Price($) Vol. No.
$3.46 1445 1
View Market Depth
Last trade - 16.10pm 06/09/2024 (20 minute delay) ?
LTM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.