MCC
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0.00% $16.01 macarthur coal limited

opinions on takeover, page-4

  1. sle304
    1,000 Posts.
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    06/05/10
    10:59
    Post #: 6663027
    I think it has moved solidly for 2 reasons:
    - the substantial holding notices indicates the broker still thinks the deal is a goer
    - CEY are cranking (up 20%) as a mystery purchaser just bought 10% of the company at $5 which is about a 25% premium to the closing price......thus coal stocks are still the flavour!

    DYOR

    SLE
    MCC Price at posting: $14.38 Sentiment: Hold Disclosure: Not Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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