MLX 4.30% 44.5¢ metals x limited

Ann: Ceasing to be a substantial holder, page-98

  1. 3,047 Posts.
    lightbulb Created with Sketch. 1821
    I’m making assumptions here but here my speculation...

    oldmate buys up 30% of greentech to 3 Dec (fact), probably more now and probably has over 50%. He kicks the existing board out and puts his mates in. He cuts the offtake to Yunnan which I think finishes in early 2021 which is the 50% share of Renison is held by YT Parksong (82% greentech, 18% Yunnan). He redirects that offtake (circa 5ktpa Sn) to his mates Malay tin smelter then lobs in to buy the other 50% of Renison off MLX as the DRC asset is slow going and Myanmar and indo aren’t delivering on their concentrate... Malay tin lives on and theres a new Don in town
 
watchlist Created with Sketch. Add MLX (ASX) to my watchlist
(20min delay)
Last
44.5¢
Change
-0.020(4.30%)
Mkt cap ! $403.2M
Open High Low Value Volume
45.5¢ 45.5¢ 43.0¢ $1.110M 2.503M

Buyers (Bids)

No. Vol. Price($)
6 80811 43.5¢
 

Sellers (Offers)

Price($) Vol. No.
44.5¢ 19456 2
View Market Depth
Last trade - 16.10pm 19/07/2024 (20 minute delay) ?
MLX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.