What you say makes a lot of sense. If this is the scenario then suppressing the price of MLX is more about limiting a MLX CR to match the offer to buy and no need for a TO offer for MLX. I would have thought that Yunnan could be a white knight in this devious play?
Ann: Ceasing to be a substantial holder, page-99
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Last
39.8¢ |
Change
-0.003(0.63%) |
Mkt cap ! $357.9M | |||
| Open | High | Low | Value | Volume |
| 41.0¢ | 41.0¢ | 39.3¢ | $215.1K | 541.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 26 | 198487 | 39.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 40.0¢ | 221284 | 18 |
View Market Depth
| Last trade - 12.24pm 23/08/2024 (20 minute delay) ? |
| MLX (ASX) Chart |