How will this play out? Should put bottom line of $2.25 under the SP quickly, at least. Surely the board will immediately reject it though? Maybe Wesfarmers have $2.80 in them? Which sadly, might be enough, not sure. But then it still hinges on renewing the licence, so does that mean it’s in limbo until Sep?
I find the whole thing preposterous and plain weird to be honest.
Ann: WES: Proposal to acquire Lynas Corporation, page-19
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