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4.35%

2.4¢ metallica minerals limited

It may be the case they have not acquired any shares yet. It may...

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dgb99.94

492 Posts.

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31/03/24

12:00

Post #: 73128986
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Originally posted by MinaPlaya ↑

From a form 604 announced to the market 13/03/2023
HSBC hold the shares on behalf of Ilwella

If Metallic's relationship with DRX was so close why did the agreement containing the "standstill clause" exist?

If you read the DRX announcement out Thursday arvo you will see it says shares held prior NIL, shares acquired NIL.
I am guessing this has been released early to do exactly has it has done for you and create the illusion that they already hold because you may not read or understand the notice.

dgb99.94 hang onto your 7-digit holding and I will hang onto mine, as will many others including Theo, I suspect, who personally holds around 9 million shares.

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It may be the case they have not acquired any shares yet. It may be the case that the form has been submitted due to the take over provision.
No offence but I'd be more comfortable hearing from Theo that He is holding onto His shares and an announcement that the offer is opportunistic and the BOD unanimously recommend that it is not in the best interests that share holders accept the offer.

MLM Price at posting: 2.6¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 2.4¢		Change 0.001(4.35%)		Mkt cap ! $22.07M

Open	High	Low	Value	Volume
2.4¢	2.4¢	2.4¢	$5.28K	220K

Buyers (Bids)

No.	Vol.	Price($)
2	37215	2.2¢

Sellers (Offers)

Price($)	Vol.	No.
2.4¢	313441	2

View Market Depth

No.	Vol.	Price($)
2	37215	0.022
3	375916	0.021
3	206534	0.020
1	500000	0.019
3	170000	0.018

Price($)	Vol.	No.
0.024	313441	2
0.025	252630	1
0.028	279205	1
0.029	100000	1
0.030	315000	2

Last trade - 14.50pm 24/05/2024 (20 minute delay)

MLM (ASX) Chart