The DVP shareholders want ESS shareholders to see this as a merger that doesn’t require a takeover premium. How convenient for them. A merger might be, for example, when 2 large gold mining companies would both benefit from synergies if they combined. What we have here is investors who wanted to invest in the Lithium space, (ESS ), being taken over by a company that has Zinc and Copper deposits plus mining contracting. Not what ESS shareholders wanted to invest in. If anything BB has realised that it’s not a great time to invest in Cu or Zn but a good time to diversify into Li. Without a takeover premium ESS won’t vote for this IMO. At the current share price I give it a 50% chance of success imo.
- Forums
- ASX - By Stock
- DVP
- Ann: DVP & ESS Transformational Transaction
Ann: DVP & ESS Transformational Transaction, page-314
-
- There are more pages in this discussion • 12 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add DVP (ASX) to my watchlist
(20min delay)
|
|||||
Last
$2.17 |
Change
0.040(1.88%) |
Mkt cap ! $559.9M |
Open | High | Low | Value | Volume |
$2.14 | $2.18 | $2.09 | $1.306M | 610.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 600 | $2.11 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.18 | 4054 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 888 | 2.080 |
1 | 1500 | 2.040 |
2 | 7000 | 2.000 |
1 | 505 | 1.975 |
2 | 1400 | 1.960 |
Price($) | Vol. | No. |
---|---|---|
2.200 | 15011 | 2 |
2.210 | 1000 | 1 |
2.220 | 1472 | 1 |
2.240 | 450 | 1 |
2.250 | 7686 | 3 |
Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
Featured News
DVP (ASX) Chart |
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
Simon Kidston
Non--Executive Director
SPONSORED BY The Market Online