Some thoughts for pondering.
1. Could the market be pricing in the deal to NOT go ahead? We have been sitting around this price for a while due to a bit of skulduggery.
2. Could there be a JV with others in the wind, as LTR are under no obligation to accept non binding offer. The share price will be stable for at least a couple of months due to offer.
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3. Can ALB afford the deal?
4.Was a JV with ALB considered?
5. Does a stable price keep us in the ASX100 and if so what are the benefits?
Ann: Revised Proposal from Albemarle, page-683
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Last
59.5¢ |
Change
-0.030(4.80%) |
Mkt cap ! $1.442B | |||
| Open | High | Low | Value | Volume |
| 62.0¢ | 62.5¢ | 59.0¢ | $8.852M | 14.66M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 212314 | 59.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 60.0¢ | 310624 | 8 |
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| Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
| LTR (ASX) Chart |