TLS 1.04% $3.89 telstra group limited

Where to now for long term investors of Telstra, page-6255

  1. 3,211 Posts.
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    Mate, don't have to look far, WES announced they are going into mining, Lynas mineral. And in case the admins says something about cross promotion. Its relavance to TLS is obvious. We are trying to criticise TLS lack on imagination in growth in the company. Pretty sure as a TLS holder I have the right to do that.

    https://www.smh.com.au/business/companies/wesfarmers-in-surprise-1-5b-bid-for-rare-earths-miner-20190326-p517kf.html

    Wesfarmers in surprise $1.5b bid for rare earths miner

    Darren Gray
    By Darren Gray
    March 26, 2019 — 10.35am

    Conglomerate Wesfarmers has surprised the market with a $1.5 billion conditional offer for rare earths miner Lynas Corp.

    The indicative proposal of $2.25 a share cash was pitched at a 44.7 per cent premium to the last closing price of Lynas, which requested a trading halt on Tuesday morning.


 
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