LLL 0.00% 50.5¢ leo lithium limited

Ann: Leo Lithium AGM Webcast Details, page-5

  1. 4,725 Posts.
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    'I'd say considering PLS has $2b in cash, '

    I have never really thought that we might be taken over or at least an attempt made by another Li outfit, but gosh, that is a lot of money - they must be wondering what to do with it?

    'As I posted the other day, the $2.50 offer on LTR has rerated that stock as it continues to climb.
    I don't think the present $3 is based on the market expecting a higher takeover offer, but because the initial offer caused the market to reassess it's worth.'

    True. But then i would think at least some in the 'market' would be re considering LLL based on the recent LTR valuations?
 
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