MTE 0.00% 3.0¢ metrocoal limited

the explanation has just been released to mkt, page-23

  1. 331 Posts.
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    MLM reducing their shareholding was always going to happen if you did your research.
    In the long term I think MTE will be better off, purely because I personally believe it is unhealthy for such a high holding by one company.
    In the long term I would be more comfortable with MLM having only 15 to 20 % stake in MTE with other institutions with substantial holdings.
    If a takeover was to happen MLM would have less importance which I am comfortable with , especially when MLM will need a lot of cash in the short term and the desperation for cash may sway them too take a cheap offer.
    Be strong we are on a winner here, sometimes it is not always a one way street.
 
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