I guess it comes down to her risk reward tolerance. She may feel the BoD is exposed now thay they did say they would recommend the $3 ALB bid. She may feel she has a shot at $3 or close to it, given the events which transpired. I don't buy the theories that the BoD only recommended the ALB bid to flush out Gina.
Gina will have to pay a lot more if she waits 2 years and we execute well. I kinda think she would be more attracted to the bigger prize by taking us over now and backing her own team (Hancock, CE, Develop) to deliver the project well. I think there will be more to play out before production. External events in the market may influence whether or not this occurs. All imo.
G
I guess it comes down to her risk reward tolerance. She may feel...
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Last
67.0¢ |
Change
-0.045(6.29%) |
Mkt cap ! $1.624B | |||
| Open | High | Low | Value | Volume |
| 70.0¢ | 71.0¢ | 67.0¢ | $10.52M | 15.42M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 385809 | 66.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 67.5¢ | 116000 | 4 |
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| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
| LTR (ASX) Chart |