Announcement has said Mathews Capital. Clearly they are hemorrhaging with gold, coal etc in their portfolios. My guesss is that BOA will not lend them anything on MTE and others they used to use for lending.
Phil Mathews a big punter - got it all wrong. He's not a machine, he's human after all.
LOL LOL LOL...............the kings of hedge funds has done their balls! LOL LOL LOL...........
And the Chinese are rubbing their hands. I'm also guessing that they will drip feed more into the market.
If you recall the 1 and 2 million share parcels that were sold into over the last couple of weeks, I am going to guess that it was Mathews Capital.
Let's see what their form 604 reveals when they decide to lodge it. Dadi was late with the announcement anyway - not the right thing to do in my opinion however Mathews Capital hasn't released theirs yet - of course!
What's the time limit? 3 or 5 days to lodge from date of change?
MTE Price at posting:
8.3¢ Sentiment: None Disclosure: Not Held
