That had me thinking whether I should just vote no and force their hand haha. But I think there's a chance we can achieve a better outcome with an independent review.
This response from the board is very weak and their actions seem self serving. But there's not much they can see given they've literally failed every target they've set in the last two years..
If APAC are manipulating this in some way, then hopefully MUFG can keep that in check. I hope they also seek board representation. I thought as a rule of thumb, >10% entitles you to a director.
Did some digging and Jinchuan looks to be partly state owned, while APAC is ultimately some HK family owned
MLX Price at posting:
17.5¢ Sentiment: Hold Disclosure: Held
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