According to AFR, what a terrible message: MTT bid FOA (haft) because MTT is short of cash; capital raising between $2.60-$2.90 to retail investors and institutions... Some bankers push up the share price of both (like NAB, AMP got out of HWE? ION?) or day traders continue to punt on these two stocks just because the bad news of other such as AMC & ION?
Why professional brokers downgrade their value today, lower than last week share price?