Australia's largest stock trading and investment forum Australia's #1 stock forum

ME1

Click for more information

33.3%

0.1¢ melodiol global health limited

Ann: $12m Proposed Cash Asset Sale to Strengthen Balance Sheet, page-18

First 18 Last

Share
Profile

Follow
silkroad88

1,764 Posts.

368

23/07/24

11:41

Post #: 74871220
Share

Originally posted by edwardc: ↑

Picture this Silkroad..

The past year there were 2 rounds of consolidation.. probably 1-2 billion shares were issued to these lenders in lieu of payment (many would have dumped this on the market hence the prevailing share price).. now ME1 is selling its main income generating asset Mernova to pay these ppl off. Lets be real, who in the right mind would take over HHI and its other shitty business units which are now defunct, Mernova is the duck that lays the golden eggs.

Insanity is doing the same thing over and over again and expecting different outcomes.. Management is still the same (Oakley capital is linked to AB).. So ... do you expect the results to be different?

Hey @surfthemarket.. i guess Mernova will soon be the gift that "STOPS GIVING" ey? Too shy to admit you were wrong? thats ok.. there are many like you here..

Expand

also:

ME1 Price at posting: 0.5¢ Sentiment: None Disclosure: Held
2 Upvote

0 Great analysis

Reply

Top Stories

SER

How flooding did Strategic Energy Resources a favour: Four holes down in 'redesigned' gold & copper campaign

The Rising Tide: How institutional adoption is shaping the future of crypto

Week 34 Wrap: HotCopper's top watched; Oz banks cut saver interest; Kamala’s 28% corporate tax; AI’s back

JAV

Javelin increases the resource of Coogee in WA by 158%

CC9

Chariot locks in high-potential drill target at Black Mountain, one of the USA's largest lithium landholdings

There are more pages in this discussion • 3 more messages in this thread...

First 18 Last

Add ME1 (ASX) to my watchlist

(20min delay)
Last 0.1¢		Change -0.001(33.3%)		Mkt cap ! $924.8K

Open	High	Low	Value	Volume
0.1¢	0.2¢	0.1¢	$92.35K	92.15M

ME1 (ASX) Chart

SPONSORED BY