Can someone please advise me how MLX can do a hostile takeover of ABY given this extract from ABY's recent Q.
""Copper concentrates produced from its Nifty copper mine are shipped to Hindalco Industries Limited’s (Hindalco) copper smelter in India. Hindalco is a member of the Aditya Birla Group, one of India’s largest industrial conglomerates.
Hindalco has a 51% shareholding in ABY and is Asia’s largest integrated aluminium producer and growing copper producer.""
Hindalco would have to be involved in the deal - maybe they are strapped for cash, or is there something I don't know??
Thanks.
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66.0¢ |
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Mkt cap ! $585.0M | |||
| Open | High | Low | Value | Volume |
| 61.5¢ | 66.5¢ | 61.0¢ | $3.412M | 5.281M |
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| Price($) | Vol. | No. |
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| Last trade - 16.16pm 11/07/2025 (20 minute delay) ? |
| MLX (ASX) Chart |