JJ, yes it is speculation.
Why would MtK convert at 5 times the current SP? What's in it for them? They could build a 50% stake by buying on market for less than $200m.
Yes I know any large buying on this scale would move the so, but I think they could build a 20% stake at close to current prices by buying out a few large holders and on market.
Again why would they convert at 5 times current price?
Sorry I just don't see that in a month of Sundays.
I think we need rational discussion so all can make an educated view.
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Last
$9.72 |
Change
0.000(0.00%) |
Mkt cap ! $9.092B | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | $9.95 | $9.68 | $3.872M | 468.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1657 | $10.23 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $9.13 | 8137 | 4 |
View Market Depth
| Last trade - 09.52am 18/07/2025 (20 minute delay) ? |
| LYC (ASX) Chart |