middle.news

Takeovers Panel Faces Challenge Over Maronan Metals’ $16M Placement

7:01pm on Tuesday 28th of October, 2025 AEDT Mining
Read Story

Takeovers Panel Faces Challenge Over Maronan Metals’ $16M Placement

7:01pm on Tuesday 28th of October, 2025 AEDT
Key Points
  • Application lodged by Ben Pauley with the Takeovers Panel
  • Allegations of undisclosed links between placement recipients and joint lead manager
  • Concerns that placees may be suppressing share price to enable takeover
  • Request to defer share purchase plan and amend or cancel placement
Read Story
middle.

Tap to Read

Tap the card to read the full analysis
about Maronan Metals (ASX:MMA)
OPEN ARTICLE