Hey asf,
Do you think it could spill over into MTE?
I note BND is now trading at EV/t of 56 cents. MTE still at 14 cents.
Of little relevance to MTE shareholders but thought this was interesting. You can reference it at ICBC, Huaneng Power, Daqin Railway, Suning: China Equity Preview (last paragraph)
1 August 2011
"Yanzhou Coal Mining Co. (600188 CH): The company has been approved by the Shandong government to acquire Syntech Resources Pty Ltd., according to a statement posted on the National Development and Reform Commission's website on July 29. The stock sank 2.8 percent to 32.55 yuan."
:)
Nic
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