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Yeah, it may be the strategic cropping stuff. What is annoying...

  1. asf
    9,887 Posts.
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    02/08/11
    19:51
    Post #: 8762707
    Yeah, it may be the strategic cropping stuff.

    What is annoying is that the SC policy has been known for some time. These companies- NTPC and GMR- said they were bidding up until Friday, and now kaput! Itseems more like game-playing somehow. Also, perhaps saving face for the company that said the assets weren't cheap enough.

    I don't think MTE is in the food bowl, but the pullout of these companies affects all coallies looking for bids.

    No position on MTE, holding BND (rats).
    MTE Price at posting: 92.0¢ Sentiment: None Disclosure: Not Held
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