MEL 20.0% 0.6¢ metgasco ltd

3p ladder board-mel have room to move

  1. 504 Posts.
    Looking at my little beauty spreadsheet, MEL still only trading at 07cents/GJ (3P) so it is no brainer to assume further move in the 3P ladder is possible at least to 10cents/GJ (3P) that is 76 cents!

    Also by looking at MEL SP move I think (in the influence of Holy’s NUMBA) following is not correct and need to re-rate soon:

    1)BOW $1.52 offer is not final more to come (1BOW=4MEL)

    2)DTE SP can’t be only 52 Cents!

    Cheers

    SAT



 
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