When applying a forward lens - MEL management have a clear record of capital return...so there may have been private talk of divvies in the future. Even a tenth of a cent per year gives a 4+% return on their investment...and that's a sub $1 million annual outlay for the company. I'm seeing this entitlement offer as one heck of a long term play...just annoyed that I've got too many already, which makes it hard to find the cash to take full advantage!
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Last
0.3¢ |
Change
0.001(25.0%) |
Mkt cap ! $4.592M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.3¢ | 0.3¢ | $7.276K | 2.910M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 6630498 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 10843632 | 8 |
View Market Depth
| Last trade - 14.16pm 30/07/2025 (20 minute delay) ? |
| MEL (ASX) Chart |