Paying double the market cap, I dont think so Kikker. Its the end chemical (hydrox) that ALB are fartoring in to what their paying, which will look like a bargain once at nameplate (i.e. 50ktpa of hydrox at $18k pt). Thats where the dollars are, and wouldn't be surprised if ALB Chile operations becomes a takeover target.The land down under is a very interesting place atm (based on Hydroxide preferred feed, thus demand growth), as per binwood, highly likely more consolidation in Oz Li space to come.
Paying double the market cap, I dont think so Kikker. Its the...
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Last
$3.10 |
Change
0.050(1.64%) |
Mkt cap ! $9.335B | |||
| Open | High | Low | Value | Volume |
| $3.21 | $3.26 | $3.08 | $87.12M | 27.65M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 195050 | $3.10 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.12 | 1000 | 1 |
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