MHL 0.00% 0.3¢ monitor energy limited

Thank you for the update BrantleyI expect you will want to buy...

  1. 11,119 Posts.
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    Thank you for the update Brantley

    I expect you will want to buy back in when the share price has settled lower.

    This is a great outcome for MHL shareholders.

    Now MHL can do deals with a real oiler, not a virtual oiler.

    I do expect the share price to fall in the short term. Drilling will not be until 2010, I expect.

    Sentry look like a company I would never trust. They want to get into coal production in Australia but have no capital or experience in that field. They are just looking for a secure country to invest in. If I wanted cheap coal shares there are far better options than Sentry, I believe.

    loki
 
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