LPI 0.00% 56.5¢ lithium power international limited

Ann: Maricunga Lithium Brine Project Status, page-64

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  1. 125 Posts.
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    just for curiosity lets say there was a take-over bid of $1.50
    the acquiring company would ofcourse want to scoop up as many shares at this price instead of paying 5x at 1.50
    in this situation, the share price would have a noticeable increase prior to acquiring
    alternatively, i think a lot of the short term holders would happily accept an offer of 0.7+ and the acquiring company would likely start around there.
    what % of shares do management hold? i think they would be opposed to selling out to offers less than $1 tho and they may have the deciding share
 
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