MTE 0.00% 3.0¢ metrocoal limited

Sorry this deal is shit for Mte shareholders,if I wanted a...

  1. 2,153 Posts.
    lightbulb Created with Sketch. 347
    Sorry this deal is shit for Mte shareholders,if I wanted a holding in cbx I could buy into it myself.
    All this does is increase mlm shareholding in Mte ,by way of its holding in cbx,and gets them off the hook of a cbx capital raising(as they need cash)
    Talk about conflict of interest!
    I bought into Mte for COAL as probably did most shareholders,Also I dreamed at some stage Sino & Dadi would take us over for a premium.
    Having recently increased my holding to 650,000 shares,I'm disappointed with the directors change of path/focus for our company.
 
watchlist Created with Sketch. Add MTE (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.