Well by my calcs, the NTA of MEL has dropped by about $3m on the back of the fluctuation of the BYE share price. That is a decrease of about 10% of the NTA isn't it?
Is the Management going to announce that? Not saying that BYE is a bad investment or asset but who will take responsibility if BYE dips further in share price or are we happy to be a fund now?
I note that this proposed path forward is not quite the path forward they were postulating when they looked to do a deal with BYE though is it?
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Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $5.511M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 6950909 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 10732453 | 8 |
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| Last trade - 16.21pm 07/08/2025 (20 minute delay) ? |
| MEL (ASX) Chart |
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