...thanks OG...imo ...it should bounce back hard...because Phil...

  1. 31,307 Posts.
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    ...thanks OG...imo
    ...it should bounce back hard...because Phil etc would have known all about the MAYs clause and would have seen it coming...and I can't buy into the MAY malice principle think they were forced into it...MAY probably even told them in advance and they've been working together for the best mutual outcome... the new MEL major shareholder didn't just mop up so many shares on the spur of the moment ..and Blue Ocean must be expecting to mop up a large portion of MAY 35m plus entitlement.
    I think it's going well ..MAY only have a few shares to go and the SP is still close to 2.5c ...the buyers aren't going to rush in when they know MAY has to sell.....if MAY stop selling it sends the message MELs are going up ...
    ..we have got rid of MAY and Purcell....well in a few days ...has to be good...?
 
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(20min delay)
Last
0.2¢
Change
0.000(0.00%)
Mkt cap ! $3.665M
Open High Low Value Volume
0.2¢ 0.2¢ 0.2¢ $10 5K

Buyers (Bids)

No. Vol. Price($)
14 15680488 0.2¢
 

Sellers (Offers)

Price($) Vol. No.
0.3¢ 10613886 10
View Market Depth
Last trade - 10.00am 23/06/2025 (20 minute delay) ?
MEL (ASX) Chart
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