MLX 1.09% 45.5¢ metals x limited

Ann: Retail Entitlement Offer Document, page-40

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  1. 2,184 Posts.
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    I'm still scratching my head to see whether I should buy more or not.
    1. Trump is a loser. He will accept any low ball trade deals from China because He's simply cannot resurrect the US manufacturing chain therefore base metals will rise.

    2. APAC has been buying on the market since March 2019 and It was capable to maintain a lower low share price until It reached its target at 15c.

    3. APAC shouldn't be able to spill the board and It shouldn't be able to raise additional 32.7M at 15c without shareholders approval based on its last holdings for 8.8% stakes in Mlx reported in the recent corporate presentation.

    4.APAC is clearly in full control of the sp when It could maintain the price at 18c while everyone thought the sp should drop significantly after the CR ann.

    5.APAC could mop up everything if retail shareholders won't fully subscribe all of the 17M allocated to them.

    APAC will be the largest stakes holder in Mlx and It could sell the business to someone after It has fixed all the financial problems in the company.

    I think I need to buy more, shouldn't I.


 
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