Noob: "Extends"

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Type T1
field x:int
End Type
'
Type T2 Extends Type T1
field y:int
End type
'
Global MT1:T1 as new T1
Global MT2:T2 as new T2
'
So...MT1 has these properties:

MT1.x

MT2 has these properties:

MT2.x
MT2.y

Right? :) Or am I not getting it....still. :(