MTC metalstech limited

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13.0¢

Any idea how long this takeover deal took for TIE?I feel more...

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Wado87

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21/08/24

17:36

Post #: 75310584
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Originally posted by LoveGod: ↑

The Chinese major shareholder of TIE , which only held a single gold mine in Africa like MTC , did exactly this process..

The Chinese held about 10% of TIE shares , made an offer of 68c, they then sat in the market at 68c until they got over +50%, then they delisted TIE.

Maybe there are substantial Tax benefits this way by not having to pay Slovakia capital Gains tax on the disposal of the Asset if you make a full takeover..

I'm sure Chifeng understands all of this. Chifeng owns almost 10% of MTC and paid 34-40c for there shares, so they want the best for there shares too.

One thing is for sure, a full takeover is better so we don't have to worry about Gino & his bankrupt buddy keeping the cash to pay themselves directors fees & consultants fees for the next 20 years...

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Any idea how long this takeover deal took for TIE?
I feel more confident now seeing as MTC has no interest in the lithium projects.

As we know Au is going really well too. Thoughts on whether 100% or 85% of buyout will go to shareholders? Interesting speculating - it's been tough watching price depreciate whilst Au on a historic run. just need to keep waiting.

MTC Price at posting: 19.0¢ Sentiment: Hold Disclosure: Held
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0 Great analysis

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(20min delay)
Last 13.0¢		Change 0.000(0.00%)		Mkt cap ! $27.13M

Open	High	Low	Value	Volume
13.0¢	13.0¢	13.0¢	$38	295

Buyers (Bids)

No.	Vol.	Price($)
2	78727	13.0¢

Sellers (Offers)

Price($)	Vol.	No.
14.0¢	257858	2

View Market Depth

No.	Vol.	Price($)
2	78727	0.130
3	40619	0.125
3	138341	0.120
1	10000	0.100
1	10500	0.094

Price($)	Vol.	No.
0.140	257858	2
0.145	216140	6
0.150	50000	1
0.155	35745	1
0.195	1250	1

Last trade - 10.54am 26/06/2025 (20 minute delay)

MTC (ASX) Chart

Any idea how long this takeover deal took for TIE?I feel more...

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Any idea how long this takeover deal took for TIE?I feel more...

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Australia’s gas crisis is here – and dying coal plants aren’t helping

NATO’s 5% target: Why Almonty Industries’ mega mine and NASDAQ listing are a perfect fit for investors

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