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
64.5¢ |
Change
-0.020(3.01%) |
Mkt cap ! $1.564B | |||
| Open | High | Low | Value | Volume |
| 68.0¢ | 69.0¢ | 64.5¢ | $34.33M | 52.94M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 386015 | 64.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 65.0¢ | 10000 | 1 |
View Market Depth
| Last trade - 16.10pm 20/09/2024 (20 minute delay) ? |
| LTR (ASX) Chart |