Never, and I dont think it will happen.
Take overs of well capitalised pre-revenue developers is almost impossible within 2 years productions, due to valuation mismatch
The delta between share holders make it impossible in my book.
RIO SH will be up in revolt if RIO offered $5 for zero revenue asset, note: most RIO investers are not lithium bulls and are more steady as you go and pay dividends.
LTR SH will laugh at $5 bid even though it is 225%
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Last
90.5¢ |
Change
-0.020(2.16%) |
Mkt cap ! $2.194B | |||
| Open | High | Low | Value | Volume |
| 91.0¢ | 93.5¢ | 89.0¢ | $26.09M | 28.68M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 472933 | 90.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 90.5¢ | 446423 | 6 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| LTR (ASX) Chart |