I think HP-RIO JV would be smart to make a bid that ALB couldn't go over.
So if HP-RIO JV would make a bid around $3.20 ALB could easiy match it as they need KV Project more than anyone.
So HP-RIO JV must put a bid around $3.50 that ALB can't go over it.
$3.20 or $3.30 would be kind of bids ALB can go over.
But $3.40 or $3.50 would be a safer bid for HP-RIO JV I guess.
If ALB can go over $3.50 then HP-RIO might have to make a bid around $4.
I think HP-RIO JV would be smart to make a bid that ALB couldn't...
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Last
93.5¢ |
Change
-0.050(5.08%) |
Mkt cap ! $2.266B | |||
| Open | High | Low | Value | Volume |
| 97.5¢ | 97.5¢ | 93.5¢ | $49.48M | 52.51M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 37 | 2797617 | 93.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 94.0¢ | 341986 | 5 |
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| LTR (ASX) Chart |