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
Ann: Kathleen Valley Funding Package, page-580
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Last
$1.50 |
Change
0.070(4.91%) |
Mkt cap ! $3.624B | |||
| Open | High | Low | Value | Volume |
| $1.41 | $1.50 | $1.41 | $16.07M | 10.94M |
Buyers (Bids)
| No. | Vol. | Price($) |
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| 1 | 24460 | $1.50 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.50 | 352520 | 32 |
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| Last trade - 16.10pm 17/05/2024 (20 minute delay) ? |
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Last
$1.50 |
Change
0.070 ( 6.56 %) |
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| Open | High | Low | Volume | ||
| $1.41 | $1.50 | $1.41 | 3749970 | ||
| Last updated 15.59pm 17/05/2024 ? | |||||
| LTR (ASX) Chart |