LTR 2.67% 91.0¢ liontown resources limited

What am I missing. ALB will confirm its $3 offer (that is the...

  1. 60 Posts.
    lightbulb Created with Sketch. 9
    What am I missing. ALB will confirm its $3 offer (that is the most it legally can do), you shareholders will vote yes or no and the world moves on. Although, realistically don't you or ALB need to drag this out for 4 months absent a superior offer if you want to get more money out of ALB?

    If Gina wants a different outcome WITH ALB, doesn't she need to bid $3.01 to get things moving? Or is it in her best interest to wait until after the no-vote and then offer $3 and whatever talent she has for a deal sweetener before the shorts can cover?
 
watchlist Created with Sketch. Add LTR (ASX) to my watchlist
(20min delay)
Last
91.0¢
Change
-0.025(2.67%)
Mkt cap ! $2.206B
Open High Low Value Volume
94.0¢ 94.5¢ 89.0¢ $26.52M 29.13M

Buyers (Bids)

No. Vol. Price($)
3 38516 91.0¢
 

Sellers (Offers)

Price($) Vol. No.
91.5¢ 319359 5
View Market Depth
Last trade - 16.10pm 24/06/2024 (20 minute delay) ?
LTR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.