ESS 0.00% 50.0¢ essential metals limited

Why would Min Res make a bid soon?Lithium sector running hot...

  1. 2ic
    5,688 Posts.
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    Why would Min Res make a bid soon?
    Lithium sector running hot with high expectations, not the time to move imo
    They have 20%, will end up with seat on board and inside knowledge of ESS various plans/negotiations etc.
    TLEA seems to have happily dropped and ran first opportunity, doesn;t look like they wil be back.
    If someone else makes a bid, they sit pretty to make a counteroffer and see where it goes.
    If nobody else makes a move, the heat comes out of share price and they can make an offer if/when it suits them later on.

    Still don;t think Min Res will move for a while, ESS has to get on with their knitting.

    GLTAH
 
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