Looking at the number of people who have exited MNM in the past few days maybe some of that cash will end up moving across to TRH.
I know potash is a bit different to brown coal but TRH is due an imminent company making ANN and given the tiny amount of shares in issue, lack of quoted options, asset backing of the RAD stake and the small EV - not too mention it made a profit in the last 6 months the SP seems destined to go only up from here.]
Although having said that I thought MNM would fly on today's ANN and it didn't so what do I know :-) ?
EB
TRH Price at posting:
48.0¢ Sentiment: ST Buy Disclosure: Held