A broken clock is right twice a day haha. Will be interesting to see if there is any meat to this, or simply being a case of MEL blindly following VEN. It wasn't insane volume from them yesterday, but it would've ticked a few TA boxes and gotten them on some radars...and we are linked to their train. Having said that...reserves must be mightily close...and once reserves are in there is nothing stopping a GSA/processing deal/pre-payment/infrastructure deal/FID...I don't believe that they've received joint marketing permission for Odin, so I can't see the flow test there being a pre-condition for anything.
Regardless, great to see some solid volume for MEL today. There wasn't a huge amount of underwritten shares to be overhanging; so hopefully will have at least one set of options in the money soon.
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Last
0.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $6.987M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 103000 | 0.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.6¢ | 5019540 | 12 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 103000 | 0.005 |
11 | 13612716 | 0.004 |
7 | 15092019 | 0.003 |
5 | 16775010 | 0.002 |
3 | 46300000 | 0.001 |
Price($) | Vol. | No. |
---|---|---|
0.006 | 5019540 | 12 |
0.007 | 845333 | 4 |
0.008 | 1035051 | 2 |
0.009 | 80000 | 1 |
0.010 | 1000000 | 1 |
Last trade - 16.12pm 05/07/2024 (20 minute delay) ? |
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MEL (ASX) Chart |
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