MCT 11.4% 3.1¢ metalicity limited

To those out there way more knowledgeable than me on corporate...

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  1. 1,305 Posts.
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    To those out there way more knowledgeable than me on corporate law......
    Can MCT buy NME shares on market??
    If they can, then they only need to buy 9m @ say 3c = $270k
    which would then be enough to pass resolutions at a GM.
    If they can....then why haven't they been pursuing that course of action?
    Just curious.
 
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