MEL 0.00% 0.5¢ metgasco ltd

Some excitement in this stock, finally. It has gone from...

  1. 534 Posts.
    Some excitement in this stock, finally. It has gone from ridiculously underpriced to just underpriced. Is ERM buying more, hoping for a quick profit or securing gas supply for the future? Is LNG buying more hoping for a takeover, perhaps a deal with ERM? Do both just want a blocking stake? Is it just traders (apparently the chart is looking good and these things are self-fulfilling prophecies)? Will it continue to 70c on momentum or will it stall at 60c and gradually drift back to the 40's on lack of interest? I'm not selling today - I've never sold MEL - but at least there's some fun to be had watching and speculating.
 
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Last
0.5¢
Change
0.000(0.00%)
Mkt cap ! $6.988M
Open High Low Value Volume
0.5¢ 0.6¢ 0.5¢ $858 158.1K

Buyers (Bids)

No. Vol. Price($)
1 927625 0.5¢
 

Sellers (Offers)

Price($) Vol. No.
0.6¢ 5044543 12
View Market Depth
Last trade - 11.16am 28/06/2024 (20 minute delay) ?
MEL (ASX) Chart
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