Totally agree G - The key point is that this is such an outlier in TG’s consistent long term narrative.
I believe this is Tim setting ALB up to fail. He’s saying OK if that’s your ‘best and final bid’ see how you go overcoming the steps I’ve outlined to achieve our recommendation.
Certainly (as an official offer rather than a rejected proposal) other parties will be drawn to the table now. Why would the usual suspects not put their hat in the ring to potentially claim the Biggest Prize in the game for less than they might have imagined?
I’ve always been for mining, but clearly we are now for sale to the best bidder.
Our eventual sale price will be a fair way north of $3 though imho.
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Last
87.5¢ |
Change
0.025(2.94%) |
Mkt cap ! $2.121B |
Open | High | Low | Value | Volume |
88.0¢ | 88.5¢ | 85.3¢ | $8.253M | 9.463M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 30489 | 87.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
88.0¢ | 252133 | 14 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 30489 | 0.875 |
5 | 66500 | 0.870 |
4 | 64500 | 0.860 |
7 | 210776 | 0.855 |
37 | 536693 | 0.850 |
Price($) | Vol. | No. |
---|---|---|
0.880 | 162990 | 5 |
0.885 | 238544 | 10 |
0.890 | 195000 | 6 |
0.900 | 128192 | 6 |
0.910 | 45000 | 2 |
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