MEL 0.00% 0.4¢ metgasco ltd

dilution, page-13

  1. 505 Posts.
    "...It has been a mere 2 weeks since the production license was finally granted. When it was MEL struck while the iron was hot."

    Not correct.The cr was arranged prior to the granting of the PL.Theyu just hadn't finalised it
    The SP shot to 28.5 immediately.
    Management were caught out and announced a trading halt til they got it organised.They were scared that they would look even sillier in a few days time.
    The hot iron would have struck @26 min.

    You also can't have it both ways.
    Quote how Bailleau suggest the sp is worth over $1.20 share and then pat management on the back for a 20 cents cr.

    If you are pleased with that then I am not going to convince you otherwise
 
watchlist Created with Sketch. 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
Last trade - 16.12pm 04/10/2024 (20 minute delay) ?
MEL (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.