I think the end target in all this is the Mitsubishi plant. They are running out of product and now have nowhere to get more because DRX and Metalica have pegged all around it. By absorbing Metalica now it saves paying a much much higher premium later.
Just my uneducated opinion.
Ann: MLM: MLM response to DRX 3rd supplementary bidders statement, page-10
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Change
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Mkt cap ! $67.13M | |||
| Open | High | Low | Value | Volume |
| 1.7¢ | 1.8¢ | 1.7¢ | $9.624K | 538.4K |
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|---|---|---|
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| Price($) | Vol. | No. |
|---|---|---|
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