A40 0.00% 8.2¢ alliance mineral assets limited

A lot of speculation of us being a takeover target at this time!...

  1. 81 Posts.
    lightbulb Created with Sketch. 16
    A lot of speculation of us being a takeover target at this time!

    Do we tick the right boxes for being such a target:
    • undervalued share price = yes 
    • Lithium producer with opportunity for scale = yes
    • Good quality resource = yes (however Lom is short and requires additional funds to drill out)
    • Any synergy with some of the big lithium plays that would add value = uncertain (would suit others within close proximity, those with refineries which convert to hydroxide and who need additional supply)
    • High standard of production = uncertain (still ramping up, plant upgrades, sufficient water resource when plant upgrades increase production capacity?)
    • Would the shareholders and BOD accept a buyout offer = uncertain (if the price is right? What would you be happy with?)

    What would the impact be for us shareholders:
    • Agreed sale price as a premium% above sp (hopefully we make a profit or at least break even)
    • Possible risk of sp manipulation as BOD choose to look after themselves first, in takeover negotiation (Let me rather not comment)
    • Get paid out in shares from new company with dilution (likely scenario imo)
 
watchlist Created with Sketch. Add A40 (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.