...lithium hodlers want to talk up M&A (to entice new entrants) but what's the point- they don't really want it, because they are so deeply submerged, and still want their all time high prices.
...all takeover offers at this time will certainly be nothing more than opportunistic.
...the valuations that gave lithium stocks their all time high were based on once in a decade lithium pricing that would unlikely be replicated or revisited.
...hence nothing more than opportunity to sell into strength.
Arcadium Lithium board urged to stay clear of Rio Tinto’s ‘highly opportunistic’ $5.9b bid