MLX 1.10% 45.0¢ metals x limited

Ann: Ceasing to be a substantial holder, page-98

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  1. 3,067 Posts.
    lightbulb Created with Sketch. 1853
    I’m making assumptions here but here my speculation...

    oldmate buys up 30% of greentech to 3 Dec (fact), probably more now and probably has over 50%. He kicks the existing board out and puts his mates in. He cuts the offtake to Yunnan which I think finishes in early 2021 which is the 50% share of Renison is held by YT Parksong (82% greentech, 18% Yunnan). He redirects that offtake (circa 5ktpa Sn) to his mates Malay tin smelter then lobs in to buy the other 50% of Renison off MLX as the DRC asset is slow going and Myanmar and indo aren’t delivering on their concentrate... Malay tin lives on and theres a new Don in town
 
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Last
45.0¢
Change
-0.005(1.10%)
Mkt cap ! $403.4M
Open High Low Value Volume
44.5¢ 45.0¢ 43.5¢ $545.3K 1.222M

Buyers (Bids)

No. Vol. Price($)
1 30000 44.5¢
 

Sellers (Offers)

Price($) Vol. No.
45.0¢ 369440 6
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Last trade - 16.10pm 01/10/2024 (20 minute delay) ?
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