Why has Liontown Resources received a revised proposal from Albemarle Corporation? — ASX:LTR| ASX Mining News & Discussion
Lykeshares Official
$LTR Why has Liontown Resources received a revised proposal from Albemarle Corporation?

Liontown Resources Limited has received a revised conditional and non-binding indicative proposal from Albemarle Corporation to acquire all of its outstanding ordinary shares. The proposal suggests a cash offer of $3.00 per share through a scheme of arrangement.

Is this the final proposal from Albemarle?

Albemarle has stated that the revised indicative proposal is its best and final offer, unless a better proposal is presented. However, there are several conditions that need to be met before the proposal becomes binding. These include Albemarle's satisfaction with due diligence, the unanimous recommendation of the Liontown Board, and the agreement on mutually acceptable scheme implementation deed.

What is Liontown's response to the revised proposal?

After careful consideration of the revised indicative proposal, the Liontown Board has decided to grant Albemarle a limited period of exclusive due diligence. During this period, Albemarle will have the opportunity to provide a binding proposal, subject to the agreement of a mutually ...
Why has Liontown Resources received a revised proposal from Albemarle Corporation?

Lykeshares Official
Berkshire is hoarding so. much. cash.
Berkshire is hoarding so. much. cash.
Lykeshares Official
Intel’s been lagging behind for years, while AMD has pulled far ahead in both consumer and professional-grade chips, it’s really not a close race anymore.

There’s this idea floating around that throwing enough cash at Intel will suddenly turn them into the next TSMC. But semiconductor manufacturing isn’t something you can ...
Intel’s been lagging behind for years, while AMD has pulled far ahead in both consumer and professional-grade chips, it’s really not a close race anymore.

There’s this idea floating around that throwing enough cash at Intel will suddenly turn them into the next TSMC. But semiconductor manufacturing isn’t something you can rush, it’s a complex, slow-moving process that takes years of precision and experience.

Intel could recover some ground eventually, but framing them as the savior of American chipmaking feels more like a political talking point than a practical reality.
Lykeshares Official
Buffet indicator is showing some wild times ahead perhaps, combine that with Berkshires record high cash hoard of 30%... chart via barchart.com / Longtermtrends
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Lykeshares Official
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Lykeshares Official
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Lykeshares Official
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Lykeshares Official
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