Holy mother of god how people can be so biased, it's hilarious.
The prospect of making money really make people loose their mind.
Min@ 20$ a share would have a market cap of 3.8bn$. Wodgina alone was valued @3.2bn$ by the Albemarle transaction.
It would also means that, by definition, their 80% stake of the JV + their 20% holding in NWE would be worth less than that. What would that tell you about the value of your 20% stake in the JV then ?
Talk about shooting yourself in the foot with analysis like that. The worrying number of people agreeing with blatantly wrong analysis as long as it goes their way really shows the abysmal level of analysis most retail investors are capable of.
Holy mother of god how people can be so biased, it's hilarious....
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