MML 2.41% 85.0¢ medusa mining limited

Increase in substantial shareholder notice from Arbiter now due...

  1. 6,756 Posts.
    lightbulb Created with Sketch. 122
    Increase in substantial shareholder notice from Arbiter now due I would guess - they're in there today with bids from 38c down to 34c so all bases covered. From yesterday's trading I think that the selling operation from a largish holder is now near its end - I would speculate that it was Pelargos Asia Alpha Fund of The Netherlands that had a holding of at least four million shares and as they used to lend those shares out to UBS for shorting purposes then it is good to see them go as it also stops UBS from shorting.
 
watchlist Created with Sketch. Add MML (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.