Ann: June 2024 Quarterly Activities and Cashflow Report, page-82

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Gajet

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03/08/24

20:21

Post #: 75059192
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Originally posted by mondyinvest: ↑

ALB have been and gone. Your posts are interesting to read but at the end of the day it's all been extremely speculative stuff. A counter bid from any one of BHP, RIO, SQM or WES did not appear as you envisaged on 4 September. MIN and Gina did not come in with a big higher closer to $7 which is what you very roughly deduced the stock to be worth on 7 September. ALB did not return with a higher offer as you expected they would back on 16 October. The lithium market did not enter a deficit just as LTRs coming into production, nor was it being "manipulated by the big boys" as so often been the narrative (it's just another boring case of supply and demand, as usual).

Seems interesting to be vocally opposing a $3.00/sh bid from ALB (in advance of all the risk of ramp up, commissioning, etc) but then be pushing for ALB to come back and make another bid months later in late February when the commodity had cratered and the stock was trading at $1.27 (on the basis of Greenbushes becoming uneconomical, which simply isn't the case at least as far as professional resource modelling has shown). Anyway, I'll leave the threads here to do what they do... just providing a counter perspective, unpopular though it may be!

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@mondyinvest

Just out of curiosity, why are you offering a counter perspective? What is your purpose for doing so?

I already know “Because you can” so I was more interested in the actual reason. Thanks

LTR Price at posting: 92.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 79.5¢		Change -0.040(4.79%)		Mkt cap ! $1.927B

Open	High	Low	Value	Volume
83.0¢	83.0¢	78.5¢	$9.295M	11.54M

Buyers (Bids)

No.	Vol.	Price($)
22	244107	79.0¢

Sellers (Offers)

Price($)	Vol.	No.
79.5¢	50321	16

View Market Depth

No.	Vol.	Price($)
21	248291	0.790
14	436995	0.785
43	617336	0.780
12	1369406	0.775
17	964914	0.770

Price($)	Vol.	No.
0.795	60354	15
0.800	243426	28
0.805	219433	15
0.810	236164	9
0.815	85132	5

Last trade - 14.06pm 09/10/2024 (20 minute delay)

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Ann: June 2024 Quarterly Activities and Cashflow Report, page-82

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Ann: June 2024 Quarterly Activities and Cashflow Report, page-82

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