Trading007,
From my understanding, Sinosteel wants long duration opportunities thats why they pay such a full price for MIS which has the resource body and earnings potential.
Unless if TTY has the resource tenements with huge ore bodies, I don't see Sinosteel taking interest.
Besides, MK has controlling stakes, not a seller.
I would like a takeover bid though, heavily invested in this company and not doing so well recently.
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