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50.0¢ essential metals limited

"Potential control transaction for the company"We should keep...

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inside2020

1,129 Posts.

64

22/04/22

15:42

Post #: 60973178
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Originally posted by qwert0: ↑

Yes, I suspect you're right. An offer at a 65% premium would give a nice boost to our share price, but I would hope that it would be knocked back.

I also doubt that someone like MIN would make an offer at 2-3 times our current market cap. I think they would struggle to justify the cost to their shareholders who would rightly argue that if they (MIN shareholders) wanted exposure to our asset then they could just buy ESS shares on market at 70c/share.

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"Potential control transaction for the company"

We should keep our dreams down to earth.

It can also be a CR in which a "big one" participates for 25.1% with a package price of 0.60c.

ESS Price at posting: 68.5¢ Sentiment: Hold Disclosure: Held
7 Upvote

0 Great analysis

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