A40 0.00% 8.2¢ alita resources limited

LIQUIDATION & BALD HILL FOR SALE, page-502

  1. 466 Posts.
    lightbulb Created with Sketch. 100
    ALBs bid on Liontown at $3 a share looks like a price of (LT) $1900 a ton SC6. That's significantly higher than $1200. While many might this ALB is overpaying its still be subject to Gina making the aggressive move of taking a blocking stake in LTR yesterday.

    ALB and Gina both appear to be betting a much higher LT SC6 price. Maybe the synergies in the Goldfields have a much greater multi revenue capability as well.

    Either way 1 billion for Baldhill appears to be under fair value.

    I priced in MIN at between 21 to 27 cents the other day. But Im now guessing the MIN offer in a higher range of 21c low 41c high a share returned to SH ( after creditors paid).

    https://hotcopper.com.au/data/attachments/5570/5570796-5b5a940a17a8f9d1e550ac890f62f24f.jpg


 
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