SYA 3.57% 2.7¢ sayona mining limited

General Discussion Topics, page-122471

  1. 702 Posts.
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    There is reason to believe that Liontown's share price is heading downwards in a big way.
    Citi has lowered its price target for the stock from Albemarle's offer price of
    $3 per share to $2.30 per share.....
    If Liontown ends up at $2.30 per share after the capital raising is complete, Hancock's intervention will have
    cost the 80.1% Liontown "minorities" a cool $1.23 billion have cost.
    It is therefore unlikely that the Liontown shareholders who accepted the offer from
    Albemarle's $3-per-share offer passed with horror and awe, will send Ms. Rinehart a Christmas card.
    Hancock, of course, could make amends by making an offer for Liontown at a
    Offer of $3 per share or more. But that's not likely to happen. Billionaires
    like to play the long game, and that's what Liontown's "minorities" can expect from
    their new largest shareholder.


    Last edited by grafiksammler: 18/10/23
 
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2.7¢
Change
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Mkt cap ! $277.9M
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2.7¢ 2.8¢ 2.7¢ $246.3K 9.096M

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No. Vol. Price($)
29 2273103 2.7¢
 

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Price($) Vol. No.
2.8¢ 3142225 8
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