The disunity spelt out in the announcement above means there will be no winners anywhere, worse case scenario we will all go down the same road as Virgin (all shareholders loose) with the only winner being an outsider in the form of a private equity group. Greentech is even roadblocked based on the 35mil loan specifically drawn against Bluestone mines and now in a suspension with renegotiating finance. Directors being replaced frequently is another sign. The bots were busy pulling the share price back yesterday with single digit trades (a signal to me some outfit will get MLX cheap). I was wrong about my opinions of APAC and their motives, I don’t think they would want the share price this low either. There is nothing ASIC will do unless there are laws being broken. Call me a conspiracist but the orchestrated events taking place at a rapid pace now angers me knowing I and so many everyday SH may loose out in the end. I hope there is a turnaround somehow for our sake before some private equity group make a killing post MLX at our expense.
I may be castrated for this post, but this is what may be happening.
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40.5¢ |
Change
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Mkt cap ! $367.0M |
Open | High | Low | Value | Volume |
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Price($) | Vol. | No. |
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41.0¢ | 26587 | 4 |
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4 | 224951 | 0.405 |
11 | 81852 | 0.400 |
3 | 163008 | 0.395 |
1 | 180000 | 0.390 |
6 | 279098 | 0.385 |
Price($) | Vol. | No. |
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0.420 | 25319 | 1 |
0.425 | 10000 | 1 |
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0.445 | 50000 | 1 |
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