The post below is to answer to the meaningless thread "How much do you think of the fair SP for LTR to be acquired" opened by a ALB supporter poster. Yes I believe ALB and its associates send their people here to test our sentiment. It's OK. But here is the answer by a sample.
Wesfarmers (WES) made a takeover offer to Lynas (LYC) on March 25 2019.
That was an opportunistic offer as well.
Offer price was $2.25,
by a premium to its last trading level of $1.50.
REJECTED BY LYC BOARD.
Then in Jan. 2022 LYC's stock price was $11.
(Now $6.55)
The guys who didn't sell it to the offer price made more than 4 bagger of offer price.
"How much do you think of the fair SP for LTR to be acquired"
According to our all calculations LTR may reach to %15 stock price in next 3 years.
Realistically if someone wants my LTR shares now I would them for $7.
The post below is to answer to the meaningless thread "How much...
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Last
90.5¢ |
Change
-0.020(2.16%) |
Mkt cap ! $2.194B | |||
| Open | High | Low | Value | Volume |
| 91.0¢ | 93.5¢ | 89.0¢ | $26.09M | 28.68M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 472933 | 90.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 90.5¢ | 446423 | 6 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| LTR (ASX) Chart |