"As at the date of the Entitlement Offer, MetalsX Limited, Mr Peter Cook (Non-Executive Chairman) and Mr Jonathan Shellabear (Managing Director), have committed to take up the whole of their pro-rata entitlement under the Entitlement Offer totalling 3.13 million shares amounting to approximately $1.25 million."
Assuming MLX still holds 7.7 million shares, it has taken up this offer to the tune of $616,000. I think that's about accurate as it adds up with the amount owned by Cook & Shellabear.
MLX Price at posting:
30.5¢ Sentiment: Buy Disclosure: Held
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