MEL ELK

I thought MEL were preserving capital ?? This looks like a high...

  1. energiseme
    926 Posts.
    clock Created with Sketch.
    22/12/14
    11:24
    Post #: 14495506
    I thought MEL were preserving capital ??

    This looks like a high risk venture into capital oblivion and total destruction of what little shareholder wealth we have remaining!

    Metgasco to raise funds??? The only way they/we can raise funds is through more bloody dilution and from these levels, we might as well kiss all our money goodbye!

    Lesson number 1: NEVER put your hard earned money into something you don't control!

    Letting other people decide the destiny of your capital is fools gold!

    Lights out, i'm going to bed!
    ELK Price at posting: 3.9¢ Sentiment: None Disclosure: Not Held
    MEL Price at posting: 5.0¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 9  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

NEWS Real estate dynamics & changes raise investor doubt
right-arrow Created with Sketch.
FHE Frontier Energy lines up $215 million debt financing from Mike Cannon-Brookes-backed Infradebt
right-arrow Created with Sketch.
NEWS Warren Tredrea’s weekly sports business wrap: the latest on business in sport
right-arrow Created with Sketch.
MM1 Geochemical work at Newington picks up gold and copper anomalies for Midas
right-arrow Created with Sketch.
BGL Bellevue aims for 45% production increase by FY 2028, announces $150M placement
right-arrow Created with Sketch.
LKE Lake Resources implies news article on job cuts made up; non-core sales "not material" and no rule 15.7 breach
right-arrow Created with Sketch.
watchlist Created with Sketch. Add MEL (ASX) to my watchlist
(20min delay)
Last
0.5¢ 		Change
0.001(25.0%) 		Mkt cap ! $7.237M
Open High Low Value Volume
0.5¢ 0.5¢ 0.5¢ $500 100K

Buyers (Bids)

No. Vol. Price($)
20 13664897 0.4¢
 

Sellers (Offers)

Price($) Vol. No.
0.5¢ 3626406 5
View Market Depth
Last trade - 10.04am 25/07/2024 (20 minute delay) ?
MEL (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.