Ideally that would be the best option payout dividends, but can't see that happening for a few years yet, till they build a significant cash balance, MEL has stated in the past that it's their attention to pay dividends in the future from their Cooper Basin gas production.
If MEL can find other gas projects and farm out them as they did with their Cooper Basin properties it would also be very positive for MAY.
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Last
0.2¢ |
Change
-0.001(20.0%) |
Mkt cap ! $3.665M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.2¢ | 0.2¢ | $360 | 179.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 11172257 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 10182794 | 11 |
View Market Depth
| Last trade - 10.09am 25/06/2025 (20 minute delay) ? |
| MEL (ASX) Chart |