News: ESS Tianqi Lithium Terminates Plan Of Acquiring Essential Metals, page-97

Thanks paulgf. Great post. Also well spotted Milcom - if Min were to make a takeover bid for ESS within the next 4 months it would have to be greater than 56c - ( the highest price they paid for shares in the preceding 4 months ). I agree with posters here that there has been some positive announcements today - AFR report, a new substantial holder notice, Min confirming its interest in ESS is in regards to mount Marion. I’m surprised ESS finished at 42.5c and would have assumed there would be increasing interest with this news.

Admittedly most of UBS shareholding was bought before the scheme vote so it’s not them buying on Tianqi’s behalf after the failed scheme. Although who really knows who they are buying for. GLTAHs