LMG 2.50% 4.1¢ latrobe magnesium limited

general discussion, page-2240

  1. 862 Posts.
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    Wouldn’t that be the dumbest business strategy from ord Minnett? Can’t imagine they would burn cash and just sell at a significant loss after a month or so?

    I wouldn’t imagine them selling any under 4.5, would love to be proven wrong, but they got more disclosure about the business than anyone in the market, some people always know more, I mean someone does, they fully backed the offer shows confidence. Just my opinion

    Can anyone validate?

    on another note, there was a piece of machinery noted in the last news letter about delivery in august/September. Does anyone know if it’s arrived?
    https://hotcopper.com.au/data/attachments/6428/6428102-b09d5c89f057872bea751af68dbf27cf.jpg
 
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