Is it just me.... But alot of lithium deals falling through at the moment. Albemarle have wayyyyy overpaid for this one.... Maybe not in November but definitely in today's market, maybe overpaid 500 million.
Wodgina in production will just flood the market even more so making it even less profitable. Let's face it.... Wodgina alone would produce more then... AJM, PLS,GXY and A40 combined
Tip.... They will be pulling out of this one, or renegotiating the terms drastically.....
Albermarle news, page-17
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Last
$55.94 |
Change
0.100(0.18%) |
Mkt cap ! $10.99B | |||
| Open | High | Low | Value | Volume |
| $55.20 | $55.99 | $54.23 | $82.46M | 1.444M |
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| MIN (ASX) Chart |