Hi The Mechanic,
Agreed that is likely KBC putting pressure on MEL's SP. They have plenty of shares left though and if they continue to bail, they may sell into MEL news on Vali2 and Vali 3, unfortunately.
As we know, cash at the end of Dec. 2022 was $820,000, and my understanding is that this excludes the recovery of the $100,000 Patriot loan. Every little bit helps to tide us over before revenue from Vali begins to replenish the bank balance, but by how much we'll have to wait on the Q1, 2023 quarterly which will be released end April.
Kind regards OldGeo
- Forums
- ASX - By Stock
- MEL
- Ann: Vali and Odin Update
Ann: Vali and Odin Update, page-163
-
- There are more pages in this discussion • 112 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add MEL (ASX) to my watchlist
|
|||||
Last
0.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $6.244M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 1971941 | 0.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.6¢ | 7823136 | 13 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 1971941 | 0.005 |
14 | 14963230 | 0.004 |
9 | 15595352 | 0.003 |
5 | 16775010 | 0.002 |
2 | 45500000 | 0.001 |
Price($) | Vol. | No. |
---|---|---|
0.006 | 7823136 | 13 |
0.007 | 2330463 | 4 |
0.008 | 1039391 | 2 |
0.009 | 2110831 | 2 |
0.010 | 1000000 | 1 |
Last trade - 16.12pm 21/06/2024 (20 minute delay) ? |
Featured News
MEL (ASX) Chart |
Day chart unavailable
The Watchlist
FHE
FRONTIER ENERGY LIMITED
Adam Kiley, CEO
Adam Kiley
CEO
SPONSORED BY The Market Online