"next time state that it is your guesstimate first rather than saying 'it looks like a full subscription at this stage' with no evidence."
Since my last post was moderated to oblivion. I try it again here with some scientific approach:).
As I understand the phase "It looks like" is a suggestion of something may or may not happen based on observation or guesstimate, or whatever without a clear proven evidence.
Again, I would repeat it here.. It looks like a full subscription at this stage, until announce otherwise by the company.
Based on the following observation and assuptions:
(1) MEL is consistently traded above 20c over the last two weeks.
(2) Most of the shareholders here declared to have subscribed in full last week, including me.
(3) Assuming 1/3 of the 5,300 shareholders apply in full would see a demand of 125mil+ shares
(4) The SPP is capped at 100mil shares....and so on...
No time to repeat again... so Happy ?
It makes little different to the SP whether you wish to apply on the last day or let it pass.
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Last
0.4¢ |
Change
0.001(14.3%) |
Mkt cap ! $5.790M |
Open | High | Low | Value | Volume |
0.4¢ | 0.4¢ | 0.4¢ | $754 | 188.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
10 | 12765502 | 0.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.4¢ | 14531096 | 12 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
10 | 12765502 | 0.003 |
12 | 31475499 | 0.002 |
6 | 59703690 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.004 | 14531096 | 12 |
0.005 | 5954721 | 6 |
0.007 | 100002 | 1 |
0.009 | 80000 | 1 |
0.010 | 1000000 | 1 |
Last trade - 12.37pm 30/08/2024 (20 minute delay) ? |
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