I never thought I'd agree with Tangentland but it's strange days indeed.
I'm coming to the conclusion that there are ppl on this forum who are not as well intentioned and benign as they purport to be.
And I find the statement that $20 TO would be acceptable because the current SP is $10.51 to be fatuous in the extreme.
Not only is the BOD is under no obligation to accept any offer, they have some options available to maybe bump up the current SP.
I've called out ppl who unnecessarily pumping the SP so it's only fair I do the same for ppl trying to suppress the SP.
While there have been some wildly unrealistic expectations of the future SP, I've said before that I broadly agree with Wilsons view.
This thread, IMO, was started with the sole intention of lowering expectations as to what is an acceptable TO offer. Nothing to do with been 'conservative'.
If low $20s was the best offer they could get, I'd prefer to hold on for 5-6 yrs and let the PH3 results play out.
- Forums
- ASX - By Stock
- Share price very undervalued still !!!
I never thought I'd agree with Tangentland but it's strange days...
-
-
- There are more pages in this discussion • 26 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
LU7
Discover the strong preliminary feasibility of the Bécancour Lithium Refinery, showcasing resilience in a low pricing environment and a strategic plan to capitalize on future price recoveries
CC9
Chariot Corporation (ASX:CC9) refines Black Mountain strategy, launching Pilot Mine to seize U.S. lithium opportunity
Add NEU (ASX) to my watchlist
(20min delay)
|
|||||
Last
$14.05 |
Change
-0.510(3.50%) |
Mkt cap ! $1.795B |
Open | High | Low | Value | Volume |
$14.38 | $14.42 | $13.94 | $6.419M | 454.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 500 | $13.99 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$14.07 | 6644 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 500 | 13.990 |
1 | 300 | 13.970 |
1 | 1432 | 13.950 |
2 | 1230 | 13.900 |
1 | 720 | 13.890 |
Price($) | Vol. | No. |
---|---|---|
14.420 | 175 | 1 |
14.500 | 2985 | 2 |
14.800 | 2850 | 2 |
14.860 | 500 | 1 |
14.960 | 445 | 1 |
Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
Featured News
CC9
Chariot Corporation (ASX:CC9) refines Black Mountain strategy, launching Pilot Mine to seize U.S. lithium opportunity
NEU (ASX) Chart |