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ESS essential metals limited

0.00%

50.0¢

Ann: Mineral Resources Shareholding in Essential Metals, page-58

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blueskybaby

5,696 Posts.

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18/04/23

10:37

Post #: 67327951
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Originally posted by malvernmoe: ↑

So, MIN buys this up relentlessly to .58 then stops to ensure they don’t breach the 20% benchmark and then shareholders decide to immediately sell it off back down 10%, completely disregarding MIN’s buying? The trading of late has been absolutely convoluted.

Seriously…how do shareholders rationalise selling so freely when MIN is giving the impression that they’re presumably going to make a higher bid than what these numbnuts are currently selling their shares at?

Could Tianqi & MIN possibly enter into a JV if & when the scheme succeeds?

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because their broker is selling it down ahead of MINs forthcoming bid. I wouldn’t be surprised to see an offer tomorrow morning. It’s not a massive acquisition for them and adds value to Mt Marion

Last edited by blueskybaby: 18/04/23

ESS Price at posting: 51.5¢ Sentiment: Buy Disclosure: Held
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Ann: Mineral Resources Shareholding in Essential Metals, page-58

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