LTR 7.28% 84.8¢ liontown resources limited

Ann: Albemarle and Liontown not proceeding with proposed scheme, page-346

  1. 272 Posts.
    lightbulb Created with Sketch. 138
    and this is how she can do it . Hell, after the serious dump of the coming days, it is very possible for her to own very close to 40% for an average price of 2.30.

    AFR

    Yes, Hancock is maxed out as far as buying Liontown on-market stock goes unless it wants to make a takeover offer, but it could tip into an equity raising and take up the equivalent of its 19.9 per cent stake.It has said in its brief statements that it “welcomes the opportunity to participate in the Kathleen Valley project as a shareholder”, but has stressed how hard and risky delivering projects can be, particularly in a high-inflation environment. You would think its next ask is a board seat.


    IMHO
    DYOR

 
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