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clock Created with Sketch. 15/08/24
19:06
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Originally posted by Spandog:
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I certainly haven't lost confidence, but the raise could suggest a low ball offer on the lithium asset/s, so rather than play around with that they just went straight to a raise / show that they don't 'need' the asset sale immediately / take the pressure off themselves. Just a guess / possibly didn't happen and couldn't get a sale through quick enough. Maybe they also anticipated a market correction. Who knows.
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We’re all guessing, and yes, options attached in the offer may have tipped me into the SPP.
(20min delay)