MTE 0.00% 3.0¢ metrocoal limited

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  1. asf
    9,887 Posts.
    val said:

    "I note BND is now trading at EV/t of 56 cents. MTE still at 14 cents."

    val, could you pleaser tell me what that means in plain English? I am not very good technically. Ta.

    Re MTE, it has had a rise and rise. The only thing I know is that there usually seems to be some kind of hitch (realor manufactured) before takeovers/asset sales, maybe to keep prices down.

    Boy, we got caned today though. I was up by 20% on BND, now up by 10%, and bought some more today, for better or worse! The selling was relentless.
 
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