MTE 0.00% 3.0¢ metrocoal limited

mte - on special, page-5

  1. 712 Posts.
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    if it was on special then why sych a pathetic volume ? 3 pm and just 80k traded ?

    Problem is that there are quite some stock that are of superrior FUTURE prospects but all require a lot of money for infrastructure (eg. LCY, SDL, LNG ...). And MTE is one of them.

    What should have happend is our gov to step in buy out the best coal, iron ore, copper etc etc compenies that are SEVERELY UNDERVALUED now and then make billions on them. May be one of Abott's advisers will find out that this is the way (not the fastest but sure) to turn deficit to surplus ...
 
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Currently unlisted public company.

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