Altium rejected the approach "at the current price" which analysts said valued it at 17 times forecast 2022 sales or 44 times forecast earnings. It added that it would engage with interested parties for an appropriate valuation and pursue a "review of all potential strateg...
Upgrades in expectations for lithium price growth helped to lift the Australian sharemarket on Tuesday, driving a strong day for miners. Broker UBS lifted its lithium price forecast as much as 50 per cent, and the lithium players saw plenty of green. Pilbara Minerals gained 25 cents, or 5.2...
This represents a 10% discount from Transurban’s recent average price and is also below Strawman’s forecast of fair value [NB this forecast was created some months ago and does not necessarily factor in the WestConnex acquisition]. In the hopes of raising some further $4 billion this same...
Syrah has had a troubled start to the year with their share price tumbling 33%, a consequence of partial deactivation of equipment and reduced production at its Balama mine in Mozambique. This drawback was a direct reaction to the unsettled Chinese market and increased inventories. Prior to this...