MEL has a bit more leverage than VEN at current SP and current SOI to the Cooper Basin assets and a lot more leverage to Cervantes but all that could change .
The other assets of VEN look very interesting .
I only have a small holding in VEN so far but plenty in MEL .
How the cash to fulfil their plans is generated for both companies will be critical for their relative value .
A pity that BYE is at such an awkward stage of its business journey too .
MEL has a bit more leverage than VEN at current SP and current...
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Last
0.5¢ |
Change
-0.001(9.09%) |
Mkt cap ! $7.287M | |||
| Open | High | Low | Value | Volume |
| 0.6¢ | 0.6¢ | 0.5¢ | $3.34K | 623.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 2460492 | 0.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.6¢ | 8009364 | 3 |
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| Last trade - 15.09pm 15/10/2024 (20 minute delay) ? |
| MEL (ASX) Chart |