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0.00% 0.5¢ metgasco ltd

Ann: $5m debt facility secured to deliver Odin gas to market, page-18

  1. stumpytrunks
    6,535 Posts.
    lightbulb Created with Sketch. 958
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    13/03/23
    13:28
    Post #: 66734765
    The counter argument - a low priced option placement disincentivises them selling at these levels. I don't like the quantum of it, but we'll see how it unfolds. I find it frustrating that they have a 4.5c valuation from Blue Ocean, yet marked it sub 3c.
    MEL Price at posting: 2.1¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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