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798 Posts.
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20/06/12
17:28
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Feel sorry for Dadi Engineering too - they bought (from memory) about 16% of MTE at $0.75 and the remaining 4% at $0.50.
The good news is that if there is a takeover offer, they won't accept less than their purchase price.
However, I suspect that Dadi is very happy with their purchase and they are here for the long term.
Is the cash still at about $0.09? We are luckly to have so much cash on hand, we can ride out this soft patch.
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