Good read in today's The Age and The Sydney Morning Herald newspapers.
Analysts expect that AKE could be a take over target.
"Vickerson said EVs were the big driver of lithium demand and would be for decades. The boom was encouraging consolidation and takeovers. “In the merger and acquisition space we haven’t seen the resolution of what will happen to Liontown. Pilbara Minerals and Allkem are also speculated as takeover targets,” he said.
https://www.theage.com.au/business/markets/is-the-wild-ride-over-outlook-brightens-for-lithium-as-ev-sales-surge-20230502-p5d4vm.html?utm_content=top_stories&list_name=2033_age_busnews_am&promote_channel=edmail&utm_campaign=business-am&utm_medium=email&utm_source=newsletter&utm_term=2023-05-08&mbnr=MzQ4NjU5NA&instance=2023-05-08-07-16-AEST&jobid=29637964
