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.
Ann: Proposal to acquire Lynas Corporation, page-38
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Last
$70.15 |
Change
0.470(0.67%) |
Mkt cap ! $79.56B | |||
| Open | High | Low | Value | Volume |
| $69.82 | $70.49 | $69.60 | $54.71M | 780.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 54834 | $70.15 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $70.17 | 318 | 1 |
View Market Depth
| Last trade - 16.10pm 14/10/2024 (20 minute delay) ? |
| WES (ASX) Chart |