MTC
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3.23% 16.0¢ metalstech limited

Ann: Becoming a substantial holder, page-67

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  1. VatreniHR
    2,300 Posts.
    lightbulb Created with Sketch. 2781
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    02/09/24
    20:13
    Post #: 75495206
    I would speculate that Minerva is a related party to the entity interested in taking over MTC, or acting in their interest. They may be in league with Chifeng, to hold an ample stake to help push through a takeover.

    Minerva was only registered in Hong Kong this year on 28 May 2024, obviously purely for this purpose.

    Gino still holds a decent amount of shares, but it never looks good to see a director and the former chairman's wife get their pay-out ahead of long-suffering shareholders.

    https://hotcopper.com.au/data/attachments/6428/6428216-cbcb96186764fc49a822138b2ac7b609.jpg
    MTC Price at posting: 26.0¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 14  Upvote
    lightbulb Created with Sketch. 9  Great analysis
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Last
16.0¢ 		Change
0.005(3.23%) 		Mkt cap ! $31.49M
Open High Low Value Volume
15.5¢ 16.0¢ 15.5¢ $17.57K 112.6K

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No. Vol. Price($)
1 1 16.0¢
 

Sellers (Offers)

Price($) Vol. No.
16.5¢ 92780 2
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Last trade - 16.10pm 07/10/2024 (20 minute delay) ?
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