MEL 0.00% 0.5¢ metgasco ltd

Watchtheeyes So Mel spends 120 million of shareholders money in...

  1. 628 Posts.
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    Watchtheeyes

    So Mel spends 120 million of shareholders money in a 10 year period, only to get back 120 million compo? And the State Govt gets the $billions of gas, at no risk. I am not greedy. We have all had enough. I just want ALL my money back, nothing more. Tried to average down. Still owe me 0.40 a share. Not holding any other stocks. No capital gains, to offset losses. ALL my retirement funds are gone.

    For the State Govt to cave in to the loonies, is the worst scenario. They have forgotten NSW is dependent on gas from other states.

    Joined the 'kingfisher express' in 2010, and all we have done since is do the loop and we cant get off.
 
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