You'd be overlooking traders buying at ~52c and selling at 58c...

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beekersbits

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14/04/23

21:36

Post #: 67285970
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Originally posted by gberra: ↑

Yep. 7.5 million shares bought today that did not go to MIN. Brave at 58c unless they are insiders that know what’s coming up. Also 4 mil bought yesterday by non MIn buyers. It could also be Tianqi that realised what was happening and decided they better get some shares before the price goes up. There is a downside to a scheme arrangement on the cheap, in all this time Tianqi didn’t pick up any shares themselves and MIN now have a 20% jump on them. It was made easier for them 1 week out from a 50c scheme arrangement that looked shaky. A lot has happened in 1 week from me receiving a call to try to make me feel I was being foolish not accepting the bid …. whose foolish now punk !

So 2 options now. Min make a takeover bid or they block the scheme arrangement. Either way the 50c scheme arrangement is dead. The way Min have purchased so aggressively to the 20% threshold makes me think they will launch a takeover. If they just wanted to block Tianqi they could have taken there time to get there over the next few days before the meeting on 20/4

GLTAH !

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You'd be overlooking traders buying at ~52c and selling at 58c end of the day. Also bots & manipulators. Chewing up some of that volume. As well as other genuine investors speculating a higher, now expected, bid. Considered it personally when price lifted over 50c, just low on coins atm.
Would have thought.

ESS Price at posting: 58.0¢ Sentiment: Buy Disclosure: Held
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You'd be overlooking traders buying at ~52c and selling at 58c...

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