Apart from the Svengali Mining Magnate owning a blocking stake, her ownership (depending on if you believe the ”official” reason) caused Albermarle to walk citing “increasing complexities with the transaction”… what would change for any new suitor?
Secondly the LGES notes have somewhat of a poisoned pill clause whereby a change of ownership event could require repayment of the notes in full - allowing LGES to leverage its creditor status. Failure to do so (plus interest) would trigger default settings and the collateral (all of LTR shares) would transfer to LGES.
Carefull what you wish for.
Cheers
DYOR IMO
Apart from the Svengali Mining Magnate owning a blocking stake,...
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Last
55.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $1.334B | |||
| Open | High | Low | Value | Volume |
| 55.0¢ | 56.5¢ | 54.5¢ | $5.876M | 10.57M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 140221 | 55.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 55.5¢ | 220135 | 7 |
View Market Depth
| Last trade - 16.10pm 27/12/2024 (20 minute delay) ? |
| LTR (ASX) Chart |
