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
2.5¢ |
Change
0.001(4.17%) |
Mkt cap ! $147.7M | |||
| Open | High | Low | Value | Volume |
| 2.3¢ | 2.5¢ | 2.3¢ | $76.17K | 3.179M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 558604 | 2.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.5¢ | 2312589 | 4 |
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| NTU (ASX) Chart |