"I note BND is now trading at EV/t of 56 cents. MTE still at 14 cents."
val, could you pleaser tell me what that means in plain English? I am not very good technically. Ta.
Re MTE, it has had a rise and rise. The only thing I know is that there usually seems to be some kind of hitch (realor manufactured) before takeovers/asset sales, maybe to keep prices down.
Boy, we got caned today though. I was up by 20% on BND, now up by 10%, and bought some more today, for better or worse! The selling was relentless.
MTE Price at posting:
95.0¢ Sentiment: None Disclosure: Not Held