Arcadium Lithium plc (ALTM)

Arcadium Lithium plc (ALTM)
- Fwd P/E: 64.89X Cap: $6.28B
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Arcadium Lithium plc (ALTM)
- Fwd P/E: 64.89X Cap: $6.28B
- View ALTM Profile
- View Questions on ALTM

Q: I owned this company since it was Orocobre and traded on the TSX. It went through various buyouts and a plunge in the price of lithium. It is now traded in NYSE and a cash buyout offer for 5.85 has been agreed by the company and Rio Tinto, the buyer. The price has risen to 5.55 but the deal does not close until mid 2025. Should I sell and leave the final 5% and assume I can earn that elsewhere in 8 or 9 months? What would you do?

Read Answer Asked by Robert on October 16, 2024