MTE 0.00% 3.0¢ metrocoal limited

this has to be stopped , page-15

  1. asf
    9,887 Posts.
    1914, on a day like today, coallies were all going to go down, regardless of shorting. Our coallies at year lows today: AQA, BTU, CKA, GUF, NHC.

    So, if a holder knows it is going to have its share ripped apart, just due to market forces, it may as well be paid a fee,and might even make a profit on these red days.

    Not saying I agree with shorting (these BOA/Mat Cap deals scare me), but I can see the logic in it for the lender. Maybe if someone took over my portfolio on red days and said I would profit no bad how things were, I would do it, too.
 
watchlist Created with Sketch. Add MTE (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.