djzab,
They can be on friendly terms, and APAC would be happy to buy on average 35c and sell over to Jinchuan for 70c.
Jinchuan can wait for 6 mths to accumulate another 3%, but without capping etc, SP will move to 50c in 3 mths. Also, the market conditions are good for accumulation.
CEO holding 7% would be compulsorily acquired. Maybe some sweetener can be given to him.
You are right, if there is another interested party, then the caps would not work and they will be fighting this to $1 easy.
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Last
68.5¢ |
Change
0.010(1.48%) |
Mkt cap ! $607.1M | |||
| Open | High | Low | Value | Volume |
| 67.0¢ | 69.0¢ | 66.0¢ | $1.052M | 1.551M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3000 | 68.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 68.5¢ | 53369 | 2 |
View Market Depth
| Last trade - 16.11pm 16/07/2025 (20 minute delay) ? |
| MLX (ASX) Chart |