[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]  Robin Dods [@toy59496](/creator/twitter/toy59496) on x XX followers Created: 2025-07-21 09:29:27 UTC $PEK.AX acquisition ~$0.359 This seems to be going under the radar but rare earths miner $PEK is being acquired by a Chinese State backed entity. Even the announcement seems to avoid the usual headers like binding proposals and so forth which usually makes arbitrageurs wake up. I looked at the scheme of arrangement deed and in no place can I find mention of the FIRB. Nor has there been any mention of the FIRB in any of the announcements by $PEK.AX I would have thought acquiring a significant rare earth player by a Chinese state backed entity under the current concern about western access to rare earths would be getting more airplay but it's like the dead sea. The current XX% yield seems to be vastly underestimating the risks involved in this particular situation. I'm a little frightened to effectively underwrite that closure with an arbitrage, but maybe others have better ideas.  XX engagements  **Related Topics** [$pek](/topic/$pek) [radar](/topic/radar) [acquisition](/topic/acquisition) [$pekax](/topic/$pekax) [Post Link](https://x.com/toy59496/status/1947227414314250532)
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Robin Dods @toy59496 on x XX followers
Created: 2025-07-21 09:29:27 UTC
$PEK.AX acquisition ~$0.359
This seems to be going under the radar but rare earths miner $PEK is being acquired by a Chinese State backed entity. Even the announcement seems to avoid the usual headers like binding proposals and so forth which usually makes arbitrageurs wake up.
I looked at the scheme of arrangement deed and in no place can I find mention of the FIRB. Nor has there been any mention of the FIRB in any of the announcements by $PEK.AX
I would have thought acquiring a significant rare earth player by a Chinese state backed entity under the current concern about western access to rare earths would be getting more airplay but it's like the dead sea.
The current XX% yield seems to be vastly underestimating the risks involved in this particular situation.
I'm a little frightened to effectively underwrite that closure with an arbitrage, but maybe others have better ideas.
XX engagements
Related Topics $pek radar acquisition $pekax