RE: Potential HyProMag Comparison28 Nov 2021 11:57
Although It’s not a comparison for valuation it is 100% what the MKA board have in mind.
THEY WIL SELL songwe and all the other assets ..... expand the Hypromag chain to other countries and then list Hypromag on the market with centres in many countries.
So MKA is basically being nicely prepared for a takeover with Hypromag being their main vehicle going forward.
The 500k trade was a buy, hence it to 63 sell trades on Friday to finally crack us. If you pay attention there’s been some big buys sneaking in, the cat is out the bag here and it’s a matter of time.
Thambani licence was renewed as part of the process for the new buyer, why would MKA wait so long and actually let it expire ? They don’t have the funds to develop it and raising money for that would be detrimental to the sp so the buyer wanted the full package.
I will be Adding to my position on Monday as the covid news causes a sell off which is healthy for the market ... however the lack of newsflow from the rutile results and songwe update following Talaxis removal is deafening.
Would actually love a 10% drop because the truck would back up around 27-28p.
There’s a picture being painted here, @myles is also preparing for a takeover of MKA but if you Breakdown recent events including the new comoany set up on companies house for Hypromag suggests a nice premium offer is on the way.
Ps. I still wonder till this day what caused that 8p ( 40%) rise in one trading session? Wasn’t related to anything, no unusual trades .... it’s coming folks.