WES 0.71% $71.23 wesfarmers limited

Ann: Proposal to acquire Lynas Corporation, page-51

  1. 10,722 Posts.
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    Lithium is everywhere.

    REO supply outside of China is only one and thats Lynas. Its a strategic niche company that not many understand.

    Thankfully the board rejected the lowball offer. We expect $300-350M EBITDA FY 21.

    The company has created high value products which is in high demand from Japan to manufacture "new world" products

    The WES offer won't see the light of day.

    Good Riddance
 
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