More on where l left off yesterday,Albemarle not going away and neither is Gin.. R, (now 20% owner of Liontown) she may spoil SQM party at Azure as well ,only speculation on my part of course.
M&A galore going on and this is while the Lithium price is 75% on its highs.
Early reports suggest Rinehart could be trying the same tactic at Azure Minerals (ASX:AZS), 60% owner of the promising Andover pegmatite discovery, whose Tony Rovira-led board accepted a $3.52 per share cash bid from SQM yesterday valuing the miner at $1.63b.Intriguingly, that offer appears to value legendary prospector Mark Creasy’s private 40% stake in the project near Roebourne at $1.08 billion. Codelco meanwhile tipped a big premium in for Lithium Power International (ASX:LPI) in a 57c a share offer to take out the ASX-listed owner of the Maricunga project in Chile for $385m.
If the other major players are as bullish as Albemarle, don’t be surprised if more M&A arises, with the big American also making early stage bets on Western Lithium, a $30m purchase of an LPI spinoff that held tenements near Greenbushes, and Patriot Battery Metals (ASX
MT), where it tipped C$109m in for a roughly 5% stake and foot in the door of the owner of Canada’s second biggest spodumene deposit.MEI do your thing!!! DYOR please,
- Forums
- ASX - By Stock
- General discussion (MEI)
More on where l left off yesterday,Albemarle not going away and...
-
- There are more pages in this discussion • 1,517 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add MEI (ASX) to my watchlist
|
|||||
Last
15.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $308.4M |
Open | High | Low | Value | Volume |
15.5¢ | 16.0¢ | 15.0¢ | $718.6K | 4.638M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
36 | 1333518 | 15.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
15.5¢ | 107024 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
32 | 1185518 | 0.150 |
6 | 509000 | 0.145 |
10 | 291900 | 0.140 |
4 | 417000 | 0.135 |
2 | 317699 | 0.130 |
Price($) | Vol. | No. |
---|---|---|
0.160 | 228413 | 5 |
0.165 | 457335 | 8 |
0.170 | 470707 | 8 |
0.175 | 564924 | 2 |
0.180 | 150000 | 1 |
Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
Featured News
MEI (ASX) Chart |
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online