Nobody is going to believe it. Sloppy journalism and the journo didn't even get the market cap right.
15 June AFR reported Syntech Resources being eyed by Yanzhou
2 August AFR reported Yanzhou buys Syntech Resources
15 Sept AFR reported Minmetals likely to takeover Anvil Mining
30 Sept AVM announces friendly takeover by Minmetals
1 Oct AFR reported Metrocoal as potential takeover target
Prediction:
8 Nov MTE receives takeover bid for $0.90 per share from Xstrata (the opportunistic M&A dealer)
Is this what dreams are made of? Not in my dream.
:)
Nic
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