MTE 0.00% 3.0¢ metrocoal limited

took a dive, page-3

  1. 18,283 Posts.
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    I'd say it's got caught up in the wake of the BND fallout, where the market has pretty much extracted the takeover premium from the share price, based on a number of bidders / potential bidders pulling out.

    Seems all a bit silly as far as MTE is concerned, as there was no takeover premium built into its share price in the first place.
 
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Currently unlisted public company.

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