MEL 33.3% 0.4¢ metgasco ltd

share price, page-6

  1. 596 Posts.
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    watchtheeyes

    "Fund managers aren't anywhere near this stock. This selling is by retail shareholders who, as you say, bought in at $0.50 but are now selling in panic... and after instructions to do so by Alan Jones."

    It was only me again , I may be rubbish as an investor but I am not that bad. I bought back in at 31. This is one of my favourite stocks from a valuation perspective.

    My feeling is that this is going to take forever with a risk of running out of cash due to the Gaslands lies and associated politics of the geographic position completely out of MEL control.

    Good luck to holders .
 
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