hmmm not really sure how all this works BUT going off what you're suggesting …. last time MtK converted
Bond | SP at date
29/01/2018 - 76.52.1431/01/2018- 66.52.16
So they're trying to inflate the price back to those SP levels, to give more value for their shares incase Lynas force bond conversions in the near future?.. as someone suggested earlier, its in MtK's best interest to exit on their own terms at higher share prices to get the most value out of their conversions ?!
It is looking like Lynas will have a lot of excess cash in the next 2 quarters ..
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