You're happy they put the offer to us because at that point the...

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malvernmoe

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16/04/23

09:23

Post #: 67295915
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Originally posted by Names little: ↑

Hi Jeffro, each has their own views on that and it obviously differs from person to person, but once Directors agreed to the scheme they pretty much have to support it unless something materially changes.

I personally am happy they put the offer to us, we were trading at about 35c then lithium prices started to fall. Others will look at NPV numbers and think it’s worth more, but of course retail holders always get screwed by the big players when funds are required. Others will look at scoping study assumptions and say the numbers would be better with different assumptions. Each to their own , at least by putting the offer to us, shareholders get to vote on it and their was always the possibility it would flush out other bidders or even just a higher offer to get it over the line.

I wonder what we would be currently trading at if no offer was on the table and what price the next raising would get undertaken at.

Just my opinion though.

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You're happy they put the offer to us because at that point the SP was trading significantly lower to it but you don't feel it needs to be scrutinized how it is that our SP ended up in such a downward trend to begin with which got us to that point?

ESS Price at posting: 58.0¢ Sentiment: None Disclosure: Held
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You're happy they put the offer to us because at that point the...

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