AP can still own MEL if MAY distribute MEL shares to its shareholders, but sell the BYE shares. Block trade of MEL is only possible if MEL find gas and/or oil.
CR can be delayed if $5M hits the bank account from the Cuba deal. MAY can always sell 15% of Cuba and/or 10% of Beehive for cash to fund cuba.
with a cash burn of $800K per quarter, be running on empty come 30 June
Ann: Change in substantial holder for MEL, page-4
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Last
2.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $77.51M | |||
| Open | High | Low | Value | Volume |
| 2.4¢ | 2.4¢ | 2.3¢ | $37.36K | 1.616M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 2453145 | 2.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.4¢ | 2010466 | 8 |
View Market Depth
| Last trade - 16.10pm 25/07/2024 (20 minute delay) ? |
| MAY (ASX) Chart |