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.
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