MEL 0.00% 0.5¢ metgasco ltd

Ann: Vali and Odin Update, page-34

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  1. 5,668 Posts.
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    The challenge for investors in exploration companies is trying to stop them rolling the cash on every next well. I want them to be different- I probably want them to be taken over I think VEN could manage these assets - dont need two boards.
    I want a bakance of investment and dividends.
    Not sure the board doesn't want an annual income and will never pay a dividend and just keep rolling the dice.
    Always struggle in these situations - font like takeovers but they are a way to get a fair price - certainly the share price doesn't reflect full value here.
 
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Mkt cap ! $7.287M
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0.5¢ 0.6¢ 0.5¢ $13.29K 2.640M

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No. Vol. Price($)
1 200000 0.5¢
 

Sellers (Offers)

Price($) Vol. No.
0.6¢ 8333650 7
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