Trading above $6.50 take over offer
I find it interesting to see Talison trading above its $6.50 take out offer from Rockwood.
I’m guessing others believe there is a possibility of another bid coming in. I suppose if you were betting on that you at least have a floor of $6.50 so your down side is limited. Personally I would like to see $8 - $9 considering there is only one real lithium pure play out there like Talison that I am aware of.
Thoughts?