Remember what MAY did during the last capital raising .
Maybe doing the same thing this time too .
It probably would not go down well with their SH's if they invest a lot of money into the capital raise but making a small profit and ending up with about the same number of shares and some new options would match their modus operandi from the last raise .
To keep the pressure on the CR and the MEL BOD would be just another bonus to them .
At least the terms of the raising prevents them from taking up anymore shares in the shortfall if they take up their full entitlement .
The low liquidity at the moment prevents them from doing what I am sure they would like to do .
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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¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 6281909 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 10832453 | 8 |
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| Last trade - 11.28am 07/08/2025 (20 minute delay) ? |
| MEL (ASX) Chart |
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