Funny how windamurra sale is now being used as an example of bad MK is. When he first bought in there were posts made of how it was a waste of money.If Rio couldn't make it work how could TTY. Now the commentary is why didn't we keep such a GREAT investment.
Fair go! you can't have it both ways. There will be times when investments such as WVL will not be able to be turned into takeovers simply on the grounds that the other shareholders are too strong. MK has shown good sense in not attempting another failed takeover and has instead used those funds elsewhere such as OLY.
Time will tell whether the investments made by TTY are good or not ;it's a matter of waiting and seeing. As for my investment in TTY I would rather bet on MK having enough inside information to be a better judge than using short term share price fluctuations as a guide.
cheers Icharus
TTY Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Held
