ESS
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Ann: Trading Halt, page-202

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  1. cosmoman
    1,451 Posts.
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    22/04/22
    20:10
    Post #: 60978436
    https://www.marketindex.com.au/news/juniors-on-radar-explorers-on-the-move-today-22-04-2022



    #5 Essential Metals
    Essential Metals' (ASX: ESS) shares entered into a trading halt on Thursday after receiving a non-binding indicative takeover offer.

    More details are expected to be released next Tuesday, 26 April.

    Essential Metals is a WA-oriented lithium, gold and nickel explorer which has experienced a massive re-rate, up 43% in April and up 211% year-to-date.

    There hasn't been that much M&A activity in the high-profile lithium sector, at least as far as the ASX is concerned.

    It will be interesting to see what kind of premium is offered and who is making the bid to buy out the explorer.
    ESS Price at posting: 68.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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