@GARETH78
LTR is a brilliant example of that.
Receives a takeover offer at $3.00
The offer is withdrawn, the underlying valuation metrics did not support $3.00 and so its falls to fair / market value.
Are you suggesting that the takeover offer at $3.00 was a bubble? Then, what was the reason for ALB to pay 2-3 times the real value for this risky company (I assume that you consider that current valuation is the most accurate one after "underlying valuation metrics").
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Last
91.5¢ |
Change
0.005(0.55%) |
Mkt cap ! $2.218B | |||
| Open | High | Low | Value | Volume |
| 94.0¢ | 94.0¢ | 88.0¢ | $20.59M | 22.56M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 48924 | 91.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 92.0¢ | 187120 | 9 |
View Market Depth
| Last trade - 16.10pm 04/07/2024 (20 minute delay) ? |
| LTR (ASX) Chart |