Should have asked one of the more senior of the other 10 people working on the deal. They would have had a better tip for you, BUY SUM MET :D
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I agree with Beagle....MET is different ..they have hard assets..n generate good revenue
Closed at 638 - not too far away from the offer price! To quote Winner "That's good".
No sure what your angle is on this one. Completely different industries, the relevance is what ?
Every other relevant industry player trades at a minimum premium to NTA of at least ~ 20%, most a heck of a lot more mate. Not sure how you could realistically suggest the board of MET could be considered to have lofty expectations to simply expect a minimum bid of at the very least current NTA as at 31 December 2019 ? How is that price expectation unrealistic especially given there are three interested parties ?
Good to see patience starting to reap rewards, up 26 cents today. The more patient one is, the more rewards will come, in my opinion.