Any share holder is entitled to buy or sell as they please .
Has the recent selling by KBC been profitable for them ?
Was it at a higher price than the two previous placements ?
A lot of very misplaced criticism of the CEO and Chairman imho .
It is not easy to finance a microcap energy business before it has any revenue .
The reason the share price is disappointing is that taking the discovery wells to production has been far more costly and behind schedule than was expected .
With only one well producing and uncertainty as to the final production of the other three wells .
Much of that has not been out of the hands of the management or the BOD of MEL .
It is not because of the selling of one share holder .
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Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $4.267M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 600000 | 0.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.2¢ | 600004 | 2 |
View Market Depth
| Last trade - 09.45am 18/06/2025 (20 minute delay) ? |
| MEL (ASX) Chart |
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