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
44.5¢ |
Change
-0.020(4.30%) |
Mkt cap ! $403.2M | |||
| Open | High | Low | Value | Volume |
| 45.5¢ | 45.5¢ | 43.0¢ | $1.110M | 2.503M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 80811 | 43.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 44.5¢ | 19456 | 2 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| MLX (ASX) Chart |