ME1
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0.00% 0.1¢ melodiol global health limited

Ann: $12m Proposed Cash Asset Sale to Strengthen Balance Sheet, page-11

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  1. fetid
    232 Posts.
    lightbulb Created with Sketch. 9
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    23/07/24
    10:11
    Post #: 74868849
    ASX 131279
    ASIC 1300300630

    Imagine if they returned the proceeds of this sale to current shareholders, you would get back 10x your investment. Instead the directors will pay themselves with this for the next few years. This needs to be wound up. Just made a call to ASX now calling ASIC
    ME1 Price at posting: 0.5¢ Sentiment: Sell Disclosure: Not Held
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    lightbulb Created with Sketch. 2  Great analysis
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