But why does she care if lithium prices go up? She already owns 20%. She wins if things kick back off.
It's clear she doesn't want to operate lithium mines herself, hence the partnership with SQM on AZS.
GR making a bid seems more likely to be what investors WANT to believe, rather then what is actually likely. GR holds all the cards, and has a call option (LTR share hodlings) if lithium prices go back up.
She wins either way.
But why does she care if lithium prices go up? She already owns...
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Last
$1.50 |
Change
0.070(4.91%) |
Mkt cap ! $3.624B | |||
| Open | High | Low | Value | Volume |
| $1.41 | $1.50 | $1.41 | $16.07M | 10.94M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 24460 | $1.50 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.50 | 352520 | 32 |
View Market Depth
| Last trade - 16.10pm 17/05/2024 (20 minute delay) ? |
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Last
$1.50 |
Change
0.070 ( 6.56 %) |
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| Open | High | Low | Volume | ||
| $1.41 | $1.50 | $1.41 | 3749970 | ||
| Last updated 15.59pm 17/05/2024 ? | |||||
| LTR (ASX) Chart |