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.
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
$10.12 |
Change
-0.010(0.10%) |
Mkt cap ! $9.466B | |||
| Open | High | Low | Value | Volume |
| $10.13 | $10.14 | $9.93 | $38.65M | 3.839M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3000 | $10.12 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $10.13 | 9022 | 2 |
View Market Depth
| Last trade - 16.19pm 22/07/2025 (20 minute delay) ? |
| LYC (ASX) Chart |