MTE metrocoal limited
Add to My Watchlist 0.00% ! 3.0¢

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

  1. ozbecool
    712 Posts.
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    18/10/13
    10:48
    Post #: 12456594
    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...
    MTE Price at posting: 3.0¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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