Ahh some great insights in this article. As I've said in previous posts, anyone who thinks it's going to be an offer near $8bil is dreaming.
$6bil USD would be a great outcome for holders in my view. I maintain a $5.5 usd bid will get the deal done. A lot of options are in the money around there.
The change of sentiment in lithium stocks the last 2 days means RIO's bid is even more likely to succeed now.
Ann: RIO: Rio Tinto confirms approach to Arcadium Lithium, page-338
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Last
$8.15 |
Change
0.070(0.87%) |
Mkt cap ! $2.384B | |||
| Open | High | Low | Value | Volume |
| $8.13 | $8.17 | $8.12 | $12.37M | 1.520M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 48311 | $8.14 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.15 | 16892 | 8 |
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| Last trade - 15.50pm 12/11/2024 (20 minute delay) ? |
| LTM (ASX) Chart |