XAO 0.69% 7,952.3 all ordinaries

TAW and AMAL to merge into a mid-tier Lithium provider. Few pros...

  1. 1,883 Posts.
    lightbulb Created with Sketch. 77
    TAW and AMAL to merge into a mid-tier Lithium provider. Few pros and cons being discussed on the forum. I'm pretty positive about it:

    1) Exposure to the SGX (it will be the only listed lithium play) + a wider pool of Asian investors
    2) The extra money from placements + synergies derived from the merger will allow TAW to expand quicker

    It's my broader view that the near-term Li plays are the ones to watch and hold; any company with a product-to-market horizon beyond 2019 runs the risk of the existing players cutting their lunch by ramping up production and securing the most profitable contracts.
 
watchlist Created with Sketch. Add XAO (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.