not sure why anyone would be jumping out of a building... this is MEL people and if you have been in it long enough you will know it always disappoints. so grow some and start drinking as it numbs the pain.
it will get smashed and then crawl around on the floor for a few weeks, any announcements on the gas side will be delayed as usual then it will slowly raise its head again. any oil find was a bonus, this is a gas company and that has not changed.
i want to sell dont get me wrong and i also own VEN but you need to ask yourselves.. do they have gas? if you believe they do what value has it got? even if the sp drops to 3 cents that only values MEL at about $25mil or so, based on the gas it will be higher than 3 cents in 12 months time (just an uneducated guess) and so you will only lose time.
anyway i dont know, after decades i am on my 1000th bottle of J.D.
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Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $3.674M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 16630498 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 10381720 | 9 |
View Market Depth
| Last trade - 16.21pm 25/07/2025 (20 minute delay) ? |
| MEL (ASX) Chart |
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