I suspect that LYC interest in NTU is based on a closer relationship than a pure financial interest. Sell the concentrate/blend to ....
As LYC gets moving the needs for a plant becomes redundant.It will be as if the two companies meld.LYC will prob takeover NTU later . That will of course mean you'll need an interest in LYC to maximize the return from NTU.
I also suspect there are not many NTU holders who dont hold LYC.
But I am suspicious by nature.
accumulating, page-7
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Last
2.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $135.9M | |||
| Open | High | Low | Value | Volume |
| 2.0¢ | 2.1¢ | 2.0¢ | $10.77K | 538.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 3686611 | 2.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.1¢ | 1474691 | 7 |
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| Last trade - 15.19pm 11/10/2024 (20 minute delay) ? |
| NTU (ASX) Chart |