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
-0.080(1.93%) |
Mkt cap ! $12.26B | |||
| Open | High | Low | Value | Volume |
| $4.14 | $4.15 | $4.07 | $50.45M | 12.32M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 64 | 249654 | $4.07 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.08 | 195102 | 94 |
View Market Depth
| Last trade - 15.04pm 22/05/2024 (20 minute delay) ? |
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Last
$4.07 |
Change
-0.080 ( 2.15 %) |
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| Open | High | Low | Volume | ||
| $4.15 | $4.15 | $4.07 | 3463341 | ||
| Last updated 15.25pm 22/05/2024 ? | |||||
| PLS (ASX) Chart |