The market appears to have overreacted this morning when MEL was relisted.
It has overlooked -
1) the positives of the recent government approval
2) the improved cash position now secured
3) further cash position improvement to be achieved with funds to come from the SPP
4) favourable SPP pricing
5) and that MEL needs a broader shareholder base
I actually bought a few more shares at these depressed prices
DYOR
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Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $4.342M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
11 | 12645040 | 0.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.4¢ | 13259974 | 12 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
11 | 12645040 | 0.003 |
8 | 20520899 | 0.002 |
8 | 69736865 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.004 | 13259974 | 12 |
0.005 | 5954721 | 6 |
0.007 | 100002 | 1 |
0.009 | 80000 | 1 |
0.010 | 1000000 | 1 |
Last trade - 16.12pm 12/09/2024 (20 minute delay) ? |
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