Australia's largest stock trading and investment forum Australia's #1 stock forum

ESS essential metals limited

0.00%

50.0¢

Agree... was just about to say the same.With a bit of luck......

First 20 Last

Share
Profile

Follow
thewhitekiwi

439 Posts.

210

09/01/23

08:48

Post #: 65589951
Share

Originally posted by WhatsTheTip: ↑

Its an opening bid that puts ESS into play. Now others also run their ruler over what ESS has and its potential. If no-one else comes up with a higher value then A$0.50 is a fair price. If someone else determines that there is more value, a higher bid gets added to the mix. If the market fairly quickly starts to trade above A$0.50 then there is an expectation a higher bid will emerge.

If lithium stock prices rally by the time the independent expert report is written, it may recommend a fair value that has a lower end above A$0.50. The haggling then begins and frequently the potential acquirer increases their bid to at least the bottom end of the recommended fair value range.

Expand

Agree... was just about to say the same.

With a bit of luck... this prompts some more action!!

ESS Price at posting: 34.5¢ Sentiment: Buy Disclosure: Held
11 Upvote

0 Great analysis

Reply

Top Stories

MVF

Monash IVF shares cater 25% – Disaster or deep-value play?

HotCopper Highlights Week 26: Droneshield 2.0; Trigg re-jig & Virgin

AII

NATO’s 5% target: Why Almonty Industries’ mega mine and NASDAQ listing are a perfect fit for investors

BPH

Australia’s gas crisis is here – and dying coal plants aren’t helping

Week 26 Wrap: Renewable gas fantasies; RBA July cut hope builds; copper's August peak?

RMX

Red Mountain: Chip samples point to 'large orogenic antimony mineral system' at Oaky Creek

SRL

Sunrise pops on top scandium hits NSW explorer will now use for 'multi-decade' plan

OCC

Orthocell sees 4% jump as Remplir used in first US surgery. But is that low?

Listen: HotCopper Wire Podcast 015 – Yeah, we're thinking the IPO market is back

PAR

Paradigm Biopharmaceuticals makes key acquisition moving into FY26

First 20 Last

Add to My Watchlist

What is My Watchlist?

A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Agree... was just about to say the same.With a bit of luck......

Top Stories

Monash IVF shares cater 25% – Disaster or deep-value play?

HotCopper Highlights Week 26: Droneshield 2.0; Trigg re-jig & Virgin

NATO’s 5% target: Why Almonty Industries’ mega mine and NASDAQ listing are a perfect fit for investors

Australia’s gas crisis is here – and dying coal plants aren’t helping

Week 26 Wrap: Renewable gas fantasies; RBA July cut hope builds; copper's August peak?

Red Mountain: Chip samples point to 'large orogenic antimony mineral system' at Oaky Creek

Sunrise pops on top scandium hits NSW explorer will now use for 'multi-decade' plan

Orthocell sees 4% jump as Remplir used in first US surgery. But is that low?

Listen: HotCopper Wire Podcast 015 – Yeah, we're thinking the IPO market is back

Paradigm Biopharmaceuticals makes key acquisition moving into FY26

Featured News