Message to myself .
NEVER AVERAGE DOWN .
I am a serially loser most times I have done that .
The CEO has overall oversight of what is happening in the business .
He also has history of running a business that went broke when a supposedly supportive investor called in its debt .
The leases that MIN got for very little when Empire went broke are now worth billions based on the value of NWE 's 20% ( Now deceased , RIP ).
That said I don't think MEL will go broke and I think at this market cap they are good value .
However no one is making any offers to buy them .
Ann: KBC: Metgasco Ltd Loan, page-37
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Last
0.5¢ |
Change
-0.001(16.7%) |
Mkt cap ! $6.244M | |||
| Open | High | Low | Value | Volume |
| 0.6¢ | 0.6¢ | 0.5¢ | $14.96K | 2.992M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 13713050 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 51000 | 1 |
View Market Depth
| Last trade - 15.48pm 26/06/2024 (20 minute delay) ? |
| MEL (ASX) Chart |