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4.76% 2.2¢ metallica minerals limited

Ann: DRX: MLM takeover offer - third supplementary bidder's stmt, page-3

  1. MinaPlaya
    2,679 Posts.
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    09/05/24
    11:21
    Post #: 73742855
    Why is Metallica trading at around low two cents just before a TO anyway?

    If you please, I will revisit a couple of posts from mid last year which are totally in my opinion only. You may form your own.

    https://hotcopper.com.au/data/attachments/6158/6158097-e5ea785cffa384e0921e30bbfd5aa802.jpg

    https://hotcopper.com.au/data/attachments/6158/6158099-35f09d05b567396b3ee374d27f2aa5e0.jpg

    Metallica were sitting with a share price around 3.5 - 4.5 cents in the months preceding a fall to mid 2.5 cents on relatively low volume before a buying spree over the next two months of some 10 million shares by Sibelco. Coincidence? I doubt it.


    .
    MLM Price at posting: 2.3¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch. 1  Great analysis
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