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The latest announcement is out from Metals X Limited ( (AU:MLX) ).
Metals X Limited has completed the dispatch of its offer document for a voluntary cash partial offer to acquire up to 382,480,000 shares of Greentech Technology International Limited, representing 28% of Greentech’s issued share capital. This strategic move, priced at HK$0.35 per share, aims to increase Metals X’s stake in Greentech, potentially enhancing its influence and positioning within the industry.
The most recent analyst rating on (AU:MLX) stock is a Hold with a A$0.48 price target. To see the full list of analyst forecasts on Metals X Limited stock, see the AU:MLX Stock Forecast page.
More about Metals X Limited
Metals X Limited is an Australian company operating in the mining industry, primarily focused on the production and exploration of metals. The company is listed on the Australian Securities Exchange under the code MLX.
Average Trading Volume: 4,401,789
Technical Sentiment Signal: Buy
Current Market Cap: A$483.1M
See more insights into MLX stock on TipRanks’ Stock Analysis page.