PJ,
I believe Andrew Gillies runs the show there at MLM. He is the Managing Director and a board member. I believe the company (MLM) is his baby.
It would be interesting to know what Mathews Capital and DADI thought about what MLM done today.
I wonder if they were offered the shares at 50 cents? Knowing that DADI paid 75 cents a share only recently and Mathews Capital having a liking to Metrocoal I would be surprised if they would've knocked back the opportunity.
The Chinese would not be happy! It's all about face.
Mathews Capital has been buying well above 50 cents this year.
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