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ESS essential metals limited

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We shouldn't be surprised that the share price has pressure...

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rustys33

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26/04/23

22:15

Post #: 67468243
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Originally posted by gberra: ↑

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

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We shouldn't be surprised that the share price has pressure on it. MIN hold plenty of shares. I'd just label it 'managing shareholder expectations'.

ESS Price at posting: 42.5¢ Sentiment: Buy Disclosure: Held
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We shouldn&apos;t be surprised that the share price has pressure...

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We shouldn't be surprised that the share price has pressure...