It wouldn't surprise me. WES would have much larger pockets than LYC.
If the wheels can start rolling fairly quickly and WES are that interested, I think an increase offer will be on the cards.
LYC management (for me) have come across as being very confident with their plans by pretty much out-rightly dismissing the WES offer.
LYC won't be bullied by the big kids and I think that should give LYC holders a fair bit of confidence that we'll keep progressing in the right direction.
Ann: WES: Proposal to acquire Lynas Corporation - Update, page-25
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Last
$7.14 |
Change
-0.200(2.72%) |
Mkt cap ! $6.673B | |||
| Open | High | Low | Value | Volume |
| $7.34 | $7.34 | $7.13 | $39.28M | 5.467M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1546 | $7.13 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.15 | 72361 | 6 |
View Market Depth
| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| LYC (ASX) Chart |