so all up $135000 from the 5 directors via the placement and SPP to keep the lights on and their salaries paid ….
had each of them taken up their full allotment in the SPP alone they should of raised $150k alone from this.
management failing to take up their full entitlement reeks of not wanting to walk the walk after talking the talk.
another couple of weeks and we might be the wiser about the quantum of shortfall between what the well will cost to bringing online and current cash position ….. let’s hope one of the JV partners publicly disclose how Odin and vali and current producing MEL didn’t think it was worthy enough to disclose to shareholders when it went cap in hand
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Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $3.413M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 17201844 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 7214191 | 11 |
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| Last trade - 16.12pm 16/06/2025 (20 minute delay) ? |
| MEL (ASX) Chart |
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