Alternatively if they were to go via the 50% Renison purchase route then MLX could make a placement / loan with Yunnan and MLX buy the other 50% giving Yunnan access to 100% of the supply.
Alternatively other players could be maneuvering behind the scenes. Perhaps South Korea, Japan and the USA may like to control a stable tin supply?
Perhaps I have too vivid an imagination but this is potentially very entertaining.
The more someone wants to give their shares away the happier I am to accommodate but unfortunately my margin loan is telling me I have to sell something else. Should they go significantly below current prices I will do that and pick up more.
STAY TUNED !!!
Ann: Ceasing to be a substantial holder, page-102
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Last
49.5¢ |
Change
0.010(2.06%) |
Mkt cap ! $443.8M | |||
| Open | High | Low | Value | Volume |
| 47.5¢ | 50.0¢ | 47.3¢ | $1.594M | 3.257M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 10749 | 49.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 49.5¢ | 309380 | 3 |
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| Last trade - 16.10pm 01/11/2024 (20 minute delay) ? |
| MLX (ASX) Chart |