MLX 1.27% 40.0¢ metals x limited

Discussion on SP, page-570

  1. 1,101 Posts.
    lightbulb Created with Sketch. 188
    Lots of ceasing to be a substantial holder announcements going on with the large and medium caps ATM.
    Looks like Insto and algorithmic trading in action, in a bug way. STO seems to be a constant victim.

    Noticed too the return of the proliferation of NXXT & CXXT sales going through of late with the MLX, mostly at just above, or just below market/ bid offer qeues again and out of range of the retail traders.

    Looks like cycling between different entities ( being the same business , but a different shelf company) to generate liquidity.

    Often, tiny and insignificant trades, that the 'normal' investor could not afford to do, with the current fee structures.

    And yet, no announcements at all of late, so unsure of the structure of these elements.

    If the retail trader tried this sh|t however, we'd be jailed.

    If management are in some way implicated in any nepharious trading activities, especially with the MLX major shareholder's structures and intertwined relationships, things have the marginal propensity to become very unpleasant for them. The times of being removed from 'dark' relationships, are over.

    If they are indeed squeaky clean, then perhaps buy back the register and shut these fkrs down by removing their own liquidity. It might encourage them to move on.

    As I often say. Interesting times indeed...



    Last edited by Ronzo1010: 15/07/22
 
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40.0¢
Change
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Mkt cap ! $362.4M
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40.0¢ 40.5¢ 39.3¢ $424.1K 1.063M

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No. Vol. Price($)
3 51702 39.5¢
 

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Price($) Vol. No.
40.5¢ 54222 2
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