once Lynas goes from being a spec share to being a resource or commodity share I think it will be ripe for takeover. I'm not saying its good or bad but I see it happening next year perhaps. I think BHP would benefit as many product also need iron ore as well so if they could shore up the total production from raw materal to end product it would be a spectacular win for them. If you think it would be unlikely look at BHP making a bid at POTASH it didn't seem until recently that would have been on the cards either.
rees becomming a takeover target?, page-7
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Last
$7.04 |
Change
-0.110(1.54%) |
Mkt cap ! $6.580B | |||
| Open | High | Low | Value | Volume |
| $7.14 | $7.14 | $6.93 | $27.05M | 3.859M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 153694 | $7.03 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.04 | 51746 | 5 |
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| Last trade - 16.10pm 19/11/2024 (20 minute delay) ? |
| LYC (ASX) Chart |