So much internet chatter about WES potentially making a bid for a major Aussie lithium producer. The Fin Review today is speculating that it may be a tilt at LTR perhaps in partnership with SQM. Market pricing and chatter suggests that it could alternatively bid for PLS which has an enterprise value of around $9b and which could be easily digested by the $60b Australian behemoth either alone or in partnership. Most pundits seem to think a 60% premium is normally a reasonable mark so we could be looking at an offer in the low to mid $6s. Personally I want $7.50.
GLTALTH.
The Wesfarmers Elephant may be in the PLS room
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Last
$4.07 |
Change
0.010(0.25%) |
Mkt cap ! $12.24B | |||
| Open | High | Low | Value | Volume |
| $3.96 | $4.14 | $3.94 | $56.44M | 13.90M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 97523 | $4.07 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.08 | 17432 | 4 |
View Market Depth
| Last trade - 16.10pm 01/05/2024 (20 minute delay) ? |
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Last
$4.08 |
Change
0.010 ( 1.18 %) |
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| Open | High | Low | Volume | ||
| $3.95 | $4.13 | $3.94 | 4224888 | ||
| Last updated 15.59pm 01/05/2024 ? | |||||
| PLS (ASX) Chart |