LNG look to have brought only 500k odd in the placement. That takes their holding to 8.82% with futher dilution to come in the SPP, that kills their 10% blocking stake and opens mel up for a T/O imho.
Either that or they will need to buy up on market to regain the blocking stake.
lng diluted
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Last
0.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $6.987M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 103000 | 0.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.6¢ | 5019540 | 12 |
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| Last trade - 16.12pm 05/07/2024 (20 minute delay) ? |
| MEL (ASX) Chart |
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