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47.5%

2.1¢ melodiol global health limited

Very high risk even for a quick trade with debts due and no cash

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webral

5,249 Posts.

40

07/02/24

11:35

Post #: 72280558
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Originally posted by chanaka84 ↑

For the attention of any new investor:

Individuals discussing record revenues and dreams of positive cash flow are either delusional or desperate, likely having bought at extremely high prices and they want the stock price to increase 250 times for them to break even.

The reality is that they are consistently losing more money each quarter, and their primary focus seems to be raising additional funds and fees for Everblu (owned by the same people).

Do not rely on the never-ending prophecies of desperate holders; they were making similar predictions even when the stock price was 200 times higher. Look where it lead them.

The non-market-sensitive, unaudited revenue reports they present are laughable.

I strongly recommend reading their quarterly financial reports; you will be amazed at the rate at which they lose money and how little they have.

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Very high risk even for a quick trade with debts due and no cash

ME1 Price at posting: 1.3¢ Sentiment: None Disclosure: Not Held
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(20min delay)
Last 2.1¢		Change -0.019(47.5%)		Mkt cap ! $838K

Open	High	Low	Value	Volume
4.0¢	4.1¢	2.0¢	$239.7K	9.058M

Buyers (Bids)

No.	Vol.	Price($)
4	435768	2.0¢

Sellers (Offers)

Price($)	Vol.	No.
2.1¢	48000	1

View Market Depth

No.	Vol.	Price($)
4	435768	0.020
7	390780	0.019
4	1482200	0.018
3	248124	0.017
1	168000	0.016

Price($)	Vol.	No.
0.021	48000	1
0.022	150000	3
0.023	392700	2
0.024	74123	2
0.025	290000	3

Last trade - 14.44pm 19/06/2024 (20 minute delay)

ME1 (ASX) Chart

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