JJ, yes it is speculation.
Why would MtK convert at 5 times the current SP? What's in it for them? They could build a 50% stake by buying on market for less than $200m.
Yes I know any large buying on this scale would move the so, but I think they could build a 20% stake at close to current prices by buying out a few large holders and on market.
Again why would they convert at 5 times current price?
Sorry I just don't see that in a month of Sundays.
I think we need rational discussion so all can make an educated view.
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Last
$10.01 |
Change
0.000(0.00%) |
Mkt cap ! $9.363B | |||
| Open | High | Low | Value | Volume |
| $10.18 | $10.34 | $9.98 | $82.85M | 8.194M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 420 | $10.00 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $10.01 | 293 | 1 |
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| Last trade - 16.15pm 16/07/2025 (20 minute delay) ? |
| LYC (ASX) Chart |