Sojitz is a relatively small metals trading house, 7% owner of JARE with semi govt JOGMEC.
If any were to take a blocking stake it would be the likes of Hitachi, Shin-Etsu, TDK, etc.
Shin-Etsu would be my pick, quite a strong symbiosis, would make a good deal of sense from a straight business perspective. Always thought them a potential candidate for a downstream metals JV.
Takeover target, page-3
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Last
$7.18 |
Change
0.135(1.92%) |
Mkt cap ! $6.645B | |||
| Open | High | Low | Value | Volume |
| $7.12 | $7.18 | $7.09 | $4.960M | 696.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 63 | $7.17 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.18 | 11165 | 20 |
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| Last trade - 11.08am 10/09/2024 (20 minute delay) ? |
| LYC (ASX) Chart |