0.06Open0.06Pre Close0 Volume12 Open Interest1.00Strike Price0.00Turnover196.95%IV40.13%PremiumJan 17, 2025Expiry Date0.00Intrinsic Value100Multiplier23DDays to Expiry0.06Extrinsic Value100Contract SizeAmericanOptions Type-0.1229Delta0.2605Gamma26.17Leverage Ratio-0.0034Theta-0.0001Rho-3.22Eff Leverage0.0008Vega
Maaddoo : Glencore brought financial stability in the recent weeks. what is your thinking about a potential squeeze out as Glencores share are now more then 60%?
101705712 OP Maaddoo : Thank you. From my perspective, with serious caution, a squeeze-out seems unlikely in the near future. Glencore's focus with Li-Cycle appears to be maintaining a stable raw material supply chain through recycling, rather than engaging with its technical expertise. They likely aim to benefit from Li-Cycle's operations without direct involvement, favoring a partnership to maximize efficiency and returns.
That said, Glencore is likely to, at least, influence management. The appointment of new directors from Glencore is understandable, given their financial stake and need to oversee how their investment is managed.