LTR 1.28% 79.0¢ liontown resources limited

Ann: Albemarle indicative proposal - due diligence to commence, page-138

  1. 3,006 Posts.
    lightbulb Created with Sketch. 1428
    Gamechanger Now GGG77,
    Todays lack lustre trading had me thinking its all over with Wes also being a highly unlikely bidder IMO
    I've been reading the tea leaves as best I can and a WES bid would be an all scrip offer at best at 16-17ltr for 1 WES circa 3.20
    The Gina Min Res deal is now likely but will rely on the NO VOTE from the minnows as HP only has 7.72 %
    What is the ex voting date again? are post offer traded shares ineligible?
    PLS shorts are now ridiculously high @ 9.75 % which could mean an imminent crash because of the increased market share of the ALB prospect of newly minted LTR production.
    This would also effect CXO and covalent (WES) who also maybe sitting on spectacular drilling results in the Pilbara.
    PLS shorts could also be explained if bid funding has been touted amongst some hedge funds but a PLS bid is still unlikely IMO.
    RIO and BHP are asleep at the wheel IMO and time will have everybody realising they all have missed the boat.
    All the players here are going to be saying if we had only..... at some point in the future.



 
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79.0¢
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