ARU 1.92% 12.8¢ arafura rare earths ltd

So the offer is A$1.5b for Lynas, a 44% premium to yesterday's...

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    So the offer is A$1.5b for Lynas, a 44% premium to yesterday's price.
    Even a 44% premium to our stock price would only have the market cap just above $50m.

    Sounds like Wesfarmers might value the access to the phosphate for their fertilizer business. ARU also have shedloads of that.

    Interesting times.

 
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