From mining.com:
Sale of Liontown’s stake
The lithium giant is also seeking to sell its stake in Australia’s Liontown Resources (ASX: LTR) after billionaire Gina Rinehart’s company Hancock Prospecting blocked in October its A$6.6 billion ($4.3bn at today’s rates) takeover bid. Albemarle has priced the roughly 96 million shares it holds in the Australian lithium developer at around A$121 million in a block trade run by JPMorgan, a term sheet showed on Wednesday. Kathleen Valley, one of the most promising early-stage lithium projects in Australia. (Image courtesy of Liontown.) The offer price of A$1.26 to A$1.32 per share is a discount of 7.4%-2.9% to Liontown’s last traded price of A$1.36 on Wednesday. Shares had closed as high as A$3 in the days prior to Albemarle’s bid withdrawal.
From mining.com: Sale of Liontown’s stakeThe lithium giant is...
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Last
96.5¢ |
Change
-0.020(2.03%) |
Mkt cap ! $2.340B | |||
| Open | High | Low | Value | Volume |
| 98.5¢ | 98.5¢ | 96.0¢ | $6.831M | 7.028M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 341306 | 96.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 97.0¢ | 82397 | 4 |
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| Last trade - 16.10pm 24/07/2024 (20 minute delay) ? |
| LTR (ASX) Chart |