PLS may not have enough money to be involved in a takeover, but they certainly would be great merger partners IMO.
They have ample cash (around $3B) to support their own current expansion and diversity plans as well as contribute to the completion of LTR's forward plans.
They, like LTR also have a large retail shareholder base.
Keep the big individuals from getting control IMO, who really don't give a toss about retail holders. Both LTR and PLS value their shareholder base.
Keep both 100% Aussie.
Most likely rid us both of the shorter SBs.
Create a Lithium mega-powerhouse.
(DISC: My family hold a lot of shares in both)
PLS may not have enough money to be involved in a takeover, but...
Add LTR (ASX) to my watchlist
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Last
83.5¢ |
Change
0.020(2.45%) |
Mkt cap ! $2.024B | |||
| Open | High | Low | Value | Volume |
| 82.0¢ | 85.0¢ | 81.5¢ | $9.483M | 11.34M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 31655 | 83.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 83.5¢ | 60687 | 8 |
View Market Depth
| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| LTR (ASX) Chart |