Thanks. Yes I agree, MTO not overly expensive at current prices.
I think the FY16 NPAT will get hit by IPO listing costs, though I expect the market will look through that.
August is not far away and MTO's first hurdle is to at least meet prospectus forecast.
An AFR article last weeks suggested they are on the hunt for acquisitions.
Gosouth
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Thanks. Yes I agree, MTO not overly expensive at current prices....
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Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
---|---|---|
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Price($) | Vol. | No. |
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1 | 2000 | 1.235 |
1 | 4269 | 1.220 |
1 | 2000 | 1.210 |
1 | 2885 | 1.180 |
Price($) | Vol. | No. |
---|---|---|
1.265 | 2854 | 1 |
1.300 | 45521 | 1 |
1.340 | 4554 | 1 |
1.345 | 3065 | 1 |
1.430 | 5520 | 2 |
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