Going back to their merger announcement they were talking about it being a 28 mil company (based on 20th Sep prices).
ML still dumps but is that considered a true reflection of the mkt for the stock, what if ML weren't distressed and held, where would be .
Anyway it is what it is and this bauxite gig might have some good value, but it is strange no announcement from the company in light of the share price decline, it would be good to know what the directors of MTE make of this.
MTE Price at posting:
2.9¢ Sentiment: Buy Disclosure: Held