What you say makes a lot of sense. If this is the scenario then suppressing the price of MLX is more about limiting a MLX CR to match the offer to buy and no need for a TO offer for MLX. I would have thought that Yunnan could be a white knight in this devious play?
Ann: Ceasing to be a substantial holder, page-99
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Last
45.0¢ |
Change
-0.005(1.10%) |
Mkt cap ! $403.4M | |||
| Open | High | Low | Value | Volume |
| 44.5¢ | 45.0¢ | 43.5¢ | $545.3K | 1.222M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 30000 | 44.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 45.0¢ | 369440 | 6 |
View Market Depth
| Last trade - 16.10pm 01/10/2024 (20 minute delay) ? |
| MLX (ASX) Chart |