It's a very opportunistic bid If i've ever seen one.
Buying a quality growth company in a moment of periodic regulatory weakness.
Maybe WES feel they can offer synergy's that could maneuver LYC out of this position, which would make an offer an acquisition anywhere in the $2-$3 range an absolute steal.
Ann: WES: Proposal to acquire Lynas Corporation, page-42
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Last
$6.72 |
Change
-0.080(1.18%) |
Mkt cap ! $6.552B | |||
| Open | High | Low | Value | Volume |
| $6.88 | $6.89 | $6.65 | $34.55M | 5.141M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 119006 | $6.72 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.73 | 70790 | 4 |
View Market Depth
| Last trade - 16.10pm 25/11/2024 (20 minute delay) ? |
| LYC (ASX) Chart |
