Glencore seems to be picking the eyes out of wouldbe competitors, and the recent hike in sp over there in btr would suggest punters were happy vegemites.
I hope YTC can develop into a bigger fish before glencore decide to make their move....if that is the intention. Somehow I feel it is, but it would be so nice to see YTC up into the high 80s or so before anything was even considered.
Current prices are a bargain for long term holders.
amok
YTC Price at posting:
42.5¢ Sentiment: Buy Disclosure: Held