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.
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Last
$1.04 |
Change
-0.045(4.15%) |
Mkt cap ! $2.521B | |||
| Open | High | Low | Value | Volume |
| $1.07 | $1.08 | $1.04 | $10.81M | 10.31M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 33 | 339507 | $1.04 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.05 | 120794 | 2 |
View Market Depth
| Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
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Last
$1.05 |
Change
-0.045 ( 4.12 %) |
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| Open | High | Low | Volume | ||
| $1.06 | $1.08 | $1.04 | 2904342 | ||
| Last updated 16.00pm 14/06/2024 ? | |||||
| LTR (ASX) Chart |