Other Gas stocks went up today as well.
I was concerned with the cash remaining at end of qtr - $4.6m ($7m expended this qtr). I don't think that the SPP was well timed or would have been taken up on mass, which means MEL will need additional cash and soon. They may need to revert to a capital raising.
Will be keeping a close eye on the amount raised from the SPP when released very soon.
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solid buying, page-2
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Last
0.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $6.244M |
Open | High | Low | Value | Volume |
0.5¢ | 0.5¢ | 0.5¢ | $3.38K | 676K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 1761040 | 0.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.6¢ | 7823136 | 13 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 1761040 | 0.005 |
14 | 14963230 | 0.004 |
8 | 14595019 | 0.003 |
6 | 18275509 | 0.002 |
2 | 45500000 | 0.001 |
Price($) | Vol. | No. |
---|---|---|
0.006 | 7823136 | 13 |
0.007 | 2330463 | 4 |
0.008 | 1039391 | 2 |
0.009 | 1250000 | 1 |
0.010 | 1000000 | 1 |
Last trade - 12.29pm 24/06/2024 (20 minute delay) ? |
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MEL (ASX) Chart |