MTE 0.00% 3.0¢ metrocoal limited

so cash backing is 4.7c and share price is 3c now.Or in other...

  1. 712 Posts.
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    so cash backing is 4.7c and share price is 3c now.
    Or in other way : MTE market cap is now $6m and cash held by the company is approx $9.6 mln, no debt ! Just wait until some inst. notices that ! I am tempted to buy back, but seeing the recent unbelievable price decline, one might wonder if say 1c might be hit soon...
 
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Currently unlisted public company.

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