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
Add PLS (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$3.20 |
Change
0.060(1.91%) |
Mkt cap ! $9.601B | |||
| Open | High | Low | Value | Volume |
| $3.17 | $3.22 | $3.14 | $33.69M | 10.57M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 44 | 249864 | $3.20 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.21 | 174181 | 27 |
View Market Depth
| Last trade - 11.11am 18/06/2024 (20 minute delay) ? |
|
|||||
|
Last
$3.23 |
Change
0.060 ( 2.99 %) |
||||
| Open | High | Low | Volume | ||
| $3.18 | $3.24 | $3.14 | 3697874 | ||
| Last updated 11.30am 18/06/2024 ? | |||||
| PLS (ASX) Chart |
