If India or any company are on the hunt for lithium in South America. (Argentina) there is no reason for them to offer LRS an OT agreement or a JV when for a few million dollars it would be easy to buy up large parcels of shares on the open market as we saw early this year when there were over 1 billion traded in a day and the price did not move to high.
Once over 51% they would control the board and all land holdings,replace management and off they go,I am sure the Argentine Gov would be happy with a new get up and go crew to really develop their countries lithium resources
Any thoughts on this
LRS prime for takeover
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Last
16.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $560.2M | |||
| Open | High | Low | Value | Volume |
| 16.5¢ | 17.0¢ | 16.3¢ | $2.888M | 17.35M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 2375951 | 16.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.0¢ | 1225997 | 12 |
View Market Depth
| Last trade - 16.10pm 27/11/2024 (20 minute delay) ? |
| LRS (ASX) Chart |
