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.
Keeping it Simple, page-72
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Last
$1.16 |
Change
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| Open | High | Low | Value | Volume |
| $1.19 | $1.19 | $1.16 | $15.36M | 13.12M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 18 | 147576 | $1.16 |
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| Price($) | Vol. | No. |
|---|---|---|
| $1.17 | 85567 | 3 |
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Last
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Change
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