Glad to see LYC,s rejection of westys low ball offer. It sends a clear message to wouldbe suitors that sh/hlders /directors , having done the hard yards, don,t just flip a company for peanuts.
What does this have to do with us.
My reading of recent co/reports ,especially the chairman's address,indicate that ALK will only consider deals that are in our ALK,s best interest,and having a gold backing we are in a strong position.
The fact that westfarmers would tho billion + $s ,given the Malaysian problem ( I believe LYC must get outer there one day) shows an interest by serious punters that there is a future in the REE sector.China influence and dominance in this area is well known.
ALKs ready to go status is also well known(nic has been spending time flogging our wears ).
Perhaps the recent pips up not only reflex POG rise.
One can only hope......and speculate.
Sth is happening, page-20
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Last
49.0¢ |
Change
0.020(4.26%) |
Mkt cap ! $259.9M | |||
| Open | High | Low | Value | Volume |
| 47.5¢ | 49.5¢ | 47.5¢ | $239.5K | 493.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 31340 | 48.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 49.0¢ | 2793 | 2 |
View Market Depth
| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| ALK (ASX) Chart |
