A merger at 2 cents is the last thing we need IMHO. If they...

  1. 1,189 Posts.
    lightbulb Created with Sketch. 361
    A merger at 2 cents is the last thing we need IMHO. If they merge at 2 cents then all our paper losses will be effectively realised. Given the share price appears to be highly undervalued we could easily double in price on a series of good announcements, but if we merge with VEN there is little chance of seeing the price double under the same conditions due to the much larger market cap of VEN. I don't want to see a merger/takeover, or even a new "Patriot"-like deal announced, until after gas is flowing in those new pipes.

    But waiting for first gas is worse than Chinese water torture.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
0.2¢
Change
0.000(0.00%)
Mkt cap ! $3.665M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
18 19285488 0.2¢
 

Sellers (Offers)

Price($) Vol. No.
0.3¢ 5913861 9
View Market Depth
Last trade - 16.12pm 20/06/2025 (20 minute delay) ?
MEL (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.