LNG became the largest SH currently at 10.4%, now facing dilution which I think: tough luck. So does EPW to be honest.
Although EPW has $150M credit facility and is making profit, it doesn't hide the fact that both LNG and EPW bought their shares on market and haven't inject new cash into MEL. Look at what happenned when ROG and EPW got together. One with the $$$ wins, and EPW wasn't there to do anyone any favours.
Too bad now someone else might become a major shareholder, which to me is more important than to keeping LNG or EPW happy. But surely LNG and EPW would have been offered the opportunity?
Wait and see.
such promise, page-10
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Last
0.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $7.237M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 20 | 13664897 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 3626406 | 5 |
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