MLM 3.45% 3.0¢ metallica minerals limited

Ann: DRX: MLM takeover offer - third supplementary bidder's stmt, page-3

  1. 2,682 Posts.
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    Why is Metallica trading at around low two cents just before a TO anyway?

    If you please, I will revisit a couple of posts from mid last year which are totally in my opinion only. You may form your own.

    https://hotcopper.com.au/data/attachments/6158/6158097-e5ea785cffa384e0921e30bbfd5aa802.jpg

    https://hotcopper.com.au/data/attachments/6158/6158099-35f09d05b567396b3ee374d27f2aa5e0.jpg

    Metallica were sitting with a share price around 3.5 - 4.5 cents in the months preceding a fall to mid 2.5 cents on relatively low volume before a buying spree over the next two months of some 10 million shares by Sibelco. Coincidence? I doubt it.


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3.0¢
Change
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Mkt cap ! $28.79M
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2.8¢ 3.0¢ 2.8¢ $5.498K 185.7K

Buyers (Bids)

No. Vol. Price($)
1 66466 3.0¢
 

Sellers (Offers)

Price($) Vol. No.
3.1¢ 50000 1
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