MEL 0.00% 0.4¢ metgasco ltd

big thumbs down, page-60

  1. 214 Posts.
    Market is still giving a big thumbs down today. The big support that was in the market last night has been sold into or removed.

    This is very damaging to the company considering that the price is only just hovering above the offer. Regardless of all the positive spin that people try and put on it, the market is not copping their story this time.

    What the hell did they do with the last 21 million, they were not drilling, testing or doing much at all and still they seem to have burnt through it.

    This 10-15 million will be lucky to last 4 months if they actually start to pull their finger out. Then what, a capital raising at 12c?
 
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No. Vol. Price($)
16 24251602 0.3¢
 

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0.4¢ 6069159 6
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Last trade - 16.12pm 19/08/2024 (20 minute delay) ?
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