MTE metrocoal limited
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why such a huge difference in valuation?

  1. PJ70
    1,571 Posts.
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    09/07/11
    23:49
    Post #: 8653187
    Bnd has a Market cap of nearly 900m with about 1.4bn tonnes of jorc thermal vs mte with a Market cap of 125m and about 1.2bn tonnes of jorc thermal. Why the massive difference if there actually is one??

    Looks like your call nic that this one is undiscovered is very true but I believe the jv on bundi will wake the markets and the analysts to how undervalued this is in my opinion.
    MTE Price at posting: 70.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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