WES 0.71% $71.23 wesfarmers limited

Ann: Proposal to acquire Lynas Corporation, page-38

  1. 458 Posts.
    lightbulb Created with Sketch. 24
    This will not go up unless WES puts up a statement saying they'll not be taking over. From my experience the big corporations rarely back off if they are seriously eyeing a company, the last half yearly shows close to 2.x billion of free cash flow so with that much money . So market is expecting a counter offer from WES not sure how much it'll be. IMO they should've done due diligence in the background with the company before announcing the market.
 
watchlist Created with Sketch. Add WES (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.