LTM 2.70% $4.18 arcadium lithium plc

Bid speculation about Arcadium in The Australian, see link, page-170

  1. 3,853 Posts.
    lightbulb Created with Sketch. 101
    I don't get it.
    Current MC about AU$1.5 B, SP AU$4.20cps
    So T/O @ AU$6B=SP AU$16+???
    T/O @ AU$8B= AU$22+???
    Tell me where I'm wrong, as I must be.
 
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