take over, page-10

i will toss in my thoughts on MTE, i got on board at an average of very low 30s starting from Oct last year.

MTE is one of my top 2 holdings, as part of my top two holdings it is about breadth of time rather than price.

Valinvestor is on the mark, true reward will come 2 to 3 years down the track.

My last big return from a coaler was GCL, $1.70 to mid $6.00s, I didn't believe it could go any further, but time showed it doubled from my exit.

Anyone back to MTE imagine the SP in two years time when this dreaded Labor party gets booted from office!

Coal demand continues to grow on the back of China and now India. Those own ignore this, will only get half the return they should, a la my GCL exit.