Yeah price action a bit of a giveaway that there is a bit of muscle being applied. If their shares are being used to bully the SP they have the power to take it where they want. TBH I think it's getting groomed for a bid. 50% premium from 12c is only 18c.
Nifty in C+M whilst being supported by Renison production would be the best thing for them right now.
I'll look to add to my initial entry on the way down.
MLX Price at posting:
12.5¢ Sentiment: None Disclosure: Held
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