Keeping in mind that the East Coast gas supply shortage was tipped to hit in ~2024 a few years ago I'd say the Russia/Ukraine stuff has sped that up but could also mean that gas prices haven't topped or could remain elevated for a number of years yet.
Seems like good value in MEL and VEN however I think VEN has the better... capital structure, I suppose you'd call it.
I think MEL should reach that 3 cent level again in 2023, maybe more so long as they don't give away hundreds of millions of shares with free attaching options.
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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 |
Day chart unavailable