You said it all. Wow 3.3% profit. Thanks for proving my point. I didn't see DCM Decometal or OM Holdings selling out for a 3.3% profit. Sorry, but I think it's sad. Don't think you'll be buying in at $1 in 2 years time. With 2.4 million tons of iron ore production from Jan 09 onwards ramping up to 3 million tons. With $50-60/ton profit, TTY will be paying 10 cents/share dividend.
In this current market situation many shareholders (churners) will sell out for a 3.3% profit, but you can't call these people investors.
TTY Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held