L1 are involved, whether they're warehousing or looking to make money on the special situation is unclear.
However, if you look at L1's record as a fund manager I believe the latter is more likely IMVHO.
Ann: Change in substantial holding, page-36
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Last
43.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $385.5M | |||
| Open | High | Low | Value | Volume |
| 43.0¢ | 43.5¢ | 42.0¢ | $847.7K | 1.981M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 418727 | 42.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 43.5¢ | 1309 | 1 |
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| Last trade - 16.10pm 19/11/2024 (20 minute delay) ? |
| MLX (ASX) Chart |