MLX 3.61% 43.0¢ metals x limited

I've taken the view that the buyback program was instigated to...

  1. 6,439 Posts.
    I've taken the view that the buyback program was instigated to support the share price in their quest to take over WGR

    Buyback period ends tomorrow (30/6)

    On face value it looks to have failed miserably. The MLX share price is at 12 month lows (same with WGR)

    I await their next move (extend buyback?) to get this WGR deal over the line because quite frankly how do you expect WGR holders to accept a piddly 11 for 10 offer at such lows?

    Cheers





 
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