The orders IMO are more likely from brokers trying to cap the price, once it gets there they will disappear, another good announcement IMO will be testing the 3c mark and MEL will be in for a rerate. Looking forward to MEL announcing putting some new exciting projects into MEL, now that they have the cashflow they will be looking for new opportunities to complement their gas project.
MEL Price at posting:
2.3¢ Sentiment: Buy Disclosure: Held
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