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
$9.72 |
Change
-0.290(2.90%) |
Mkt cap ! $9.092B | |||
| Open | High | Low | Value | Volume |
| $9.94 | $9.95 | $9.68 | $83.45M | 8.548M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 2049 | $9.72 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $9.75 | 250 | 1 |
View Market Depth
| Last trade - 16.17pm 17/07/2025 (20 minute delay) ? |
| LYC (ASX) Chart |