ALB are trying to buy LTR on the cheap:
Two possible reasons
ALB know the value of LTR and its reserves and want them to help improve ALB's position in the Li market
or
ALB wants LTR so it can delay LTR production and so try and make itself more profitable by reducing what will be a huge amount of Li from LTR - ie control the amount of Li coming onto market
Be a crying shame if an off-shore Company took all its profits off-shore and not pay taxes in Australia (Guaranteed, they will have an Australian subsidiary that owes the US parent a fortune and pay high interest; ie reduce the Australian profits and hence the Australian tax income
ALB are trying to buy LTR on the cheap:Two possible reasonsALB...
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Last
93.0¢ |
Change
-0.015(1.59%) |
Mkt cap ! $2.255B | |||
| Open | High | Low | Value | Volume |
| 92.0¢ | 95.5¢ | 91.0¢ | $8.480M | 9.130M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 48917 | 93.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 93.5¢ | 142196 | 5 |
View Market Depth
| Last trade - 16.10pm 10/07/2024 (20 minute delay) ? |
| LTR (ASX) Chart |