To add to the above analysis. You can see why something like LTR or PLS would be very attractive to a well capitalised major. Given they are trading on a 40% premium to us, an acquisition of an asset with a 55% post tax margin is incredibly earnings accretive.
A company like RIO or ALB can therefore afford to pay a reasonable premium for a company like us and still improve their EPS numbers.
To add to the above analysis. You can see why something like LTR...
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Last
$4.10 |
Change
0.090(2.24%) |
Mkt cap ! $12.33B | |||
| Open | High | Low | Value | Volume |
| $4.02 | $4.17 | $4.00 | $91.74M | 22.42M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 12066 | $4.10 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.11 | 223809 | 10 |
View Market Depth
| Last trade - 16.10pm 17/05/2024 (20 minute delay) ? |
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Last
$4.10 |
Change
0.090 ( 2.33 %) |
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| Open | High | Low | Volume | ||
| $4.02 | $4.17 | $4.01 | 6329493 | ||
| Last updated 15.59pm 17/05/2024 ? | |||||
| PLS (ASX) Chart |