I've sided with VEN on this joint venture, but the MEL threads seem more active so here I am.
Nangwarry has been the deciding factor for me, it's looking really solid so far. If Nangwarry's excluded and we just look at Vali/Odin then I think the companies have a similar EV per % of ownership.
VEN has some nasty overhang from Regal selling down and MEL is a little strapped for cash so I don't think either share is going to rip 100% higher than the other in the short term.
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7 | 6672965 | 0.004 |
16 | 28089636 | 0.003 |
7 | 20120400 | 0.002 |
8 | 61636865 | 0.001 |
Price($) | Vol. | No. |
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