Interesting. So JP Morgan buy large parcels of shares up to and including on the 23/1 and at 51c only to sell them at 51c a few days later off market. Games being played. My understanding is a company undertaking a takeover cannot pay greater than the takeover price for shares unless it also offers the greater price to everyone. So either it’s Tianqi and they plan to increase the offer price, or more likely another interested party just dropped $6 mill to pick up 12 mil shares in one off market hit . Also, as Jeffro pointed out, this is just under the 5% for a substantial holder notice which suggests to me that they want to remain hidden. GLTAH. I’m loaded up and am hoping for a bidding war.
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Interesting. So JP Morgan buy large parcels of shares up to and...
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