MTE 0.00% 3.0¢ metrocoal limited

Not sure whether ML is out or not, as the volume may suggest...

  1. 19,566 Posts.
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    Not sure whether ML is out or not, as the volume may suggest another seller has come out to play.

    Either way, life goes on.

    Post the merger is blessed the new entity will do 10 for 1 consolidation.

    Not 100% sure on past precedents, but what I have seen in past is the SP to be kept artificially low prior to the consolidation, then once enacted the SP is allowed to move higher.

    Anyone got any thoughts?
 
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