LEI may not even be in a bidding war. Under 20% controls nothing without a contract or being a very influential customer/venture partner. They may of course enjoy the ride. Us minorities too.
I'd be surprised if the big mining conglomerates wouldn't want a stake the company they give big business to. It's about timing. Looks good now if they have the cash and a strong share price to arrange an equity swap.
Pure speculation of course. But these things do sometimes come to pass.
chart and comments, page-62
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Last
27.0¢ |
Change
-0.005(1.82%) |
Mkt cap ! $581.8M | |||
| Open | High | Low | Value | Volume |
| 28.0¢ | 28.0¢ | 27.0¢ | $515.7K | 1.888M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 72963 | 27.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 27.5¢ | 54000 | 1 |
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| Last trade - 16.10pm 11/07/2024 (20 minute delay) ? |
| MAH (ASX) Chart |