Could have bought at 18.5 the other day guys. Does anybody here for one second think that there is not a plan at foot here? This has obviously been lined up for a while. Let's see who the placement is to before we get too stroppy. I thought they might have done it at a premium myself, but in the end, 50 millions shares is a drop in the ocean compared to what can be done with the cash. The committed drilling campaign, multi laterals and the conventional well early in 2013 is my bet on this. This is not the company sacrificing itself, it's the company setting itself up. The price is disappointing, but the cash is needed.
- Forums
- ASX - By Stock
- MEL
- placement
placement, page-37
-
-
- There are more pages in this discussion • 11 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add MEL (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $5.830M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 2105211 | 0.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.5¢ | 3778476 | 8 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 2105211 | 0.004 |
13 | 25157992 | 0.003 |
10 | 22370899 | 0.002 |
9 | 64603690 | 0.001 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.005 | 3401986 | 6 |
0.006 | 1458000 | 2 |
0.007 | 100002 | 1 |
0.009 | 80000 | 1 |
0.010 | 1000000 | 1 |
Last trade - 16.12pm 04/10/2024 (20 minute delay) ? |
Featured News
LU7
Discover the strong preliminary feasibility of the Bécancour Lithium Refinery, showcasing resilience in a low pricing environment and a strategic plan to capitalize on future price recoveries
MEL (ASX) Chart |
Day chart unavailable