VEN may well be waiting until revenue flows in before they make any moves - and an offer from VEN seems the most logical outcome.
Next six months could prove to be very interesting.
Hopefully, we will get a production update this week which will give us some indication on a starting point for MEL. The small drop yesterday may be an indication that there is some positioning underway prior to the announcement.
Ann: $5m debt facility secured to deliver Odin gas to market, page-34
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Last
0.4¢ |
Change
-0.001(20.0%) |
Mkt cap ! $5.790M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.4¢ | 0.4¢ | $10.11K | 2.527M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 11541399 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 4483831 | 5 |
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| Last trade - 12.40pm 12/07/2024 (20 minute delay) ? |
| MEL (ASX) Chart |