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Sharpey

1,641 Posts.

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26/03/19

08:59

Post #: 37881717
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Originally posted by Haplo: ↑

The fact that the share price has bounced back on the same day when this forum started discussing Wesfarmers as a possible acquirer is purely coincidental.

However, doing some further research over the weekend, here is another coincidence that I missed back in January

View attachment 1480057

Wesfarmers would be a good fit for SQM. Cashed up, a local partner that would have the means to expand the project at a later stage. Past experience with running mines when they previously held their coal assets.

Seems a good fit all round.

Haplo

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@Haplo looks like Wesfarmers has gone in a different direction:

https://www.asx.com.au/asx/statistics/displayAnnouncement.do?display=pdf&idsId=02089740

Doesn't mean they won't try again later, but doesn't seem likely short term.

Cheers

KDR Price at posting: $1.21 Sentiment: Buy Disclosure: Held
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