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.
I've sided with VEN on this joint venture, but the MEL...
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Last
0.6¢ |
Change
0.001(20.0%) |
Mkt cap ! $7.287M | |||
| Open | High | Low | Value | Volume |
| 0.6¢ | 0.6¢ | 0.6¢ | $19.62K | 3.27M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 2260492 | 0.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.6¢ | 6439367 | 3 |
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| Last trade - 10.04am 16/10/2024 (20 minute delay) ? |
| MEL (ASX) Chart |