yes TR I 100% agree with you but what I was saying was that WES is not, IMO going for a take over. As you said TG and his friends and family would be enough to stop it anyway. WES knows that a hostile take over would never work here. I am speculating that they may being encouraged to buy in by LTR to put them in a position to come into a refinery JV with LTR in a few years. Under this scenarios LTR would still own the resource 100% but have a JV with WES to refine. Remember that TO has suggested a few times that longer term a JV might be the right vehicle for LTR to get into refining faster and with the necessary expertise. Note that WES is building a refinery now for Mt Holland with SQM and will be learning alot so they are the perfect partner.
yes TR I 100% agree with you but what I was saying was that WES...
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Last
$1.23 |
Change
-0.018(1.41%) |
Mkt cap ! $2.921B | |||
| Open | High | Low | Value | Volume |
| $1.20 | $1.23 | $1.19 | $2.990M | 2.470M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 28 | 83744 | $1.23 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.23 | 56742 | 43 |
View Market Depth
| Last trade - 12.54pm 01/05/2024 (20 minute delay) ? |
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Last
$1.23 |
Change
-0.018 ( 1.20 %) |
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| Open | High | Low | Volume | ||
| $1.19 | $1.23 | $1.19 | 835133 | ||
| Last updated 13.12pm 01/05/2024 ? | |||||
| LTR (ASX) Chart |