I think it’s fair to say the SPP has not gone as expected having been already extended twice, will they open up the SPP to allow holders to oversubscribe that may be the next move by the company before fronting up to the market around what they have actually raised and how the balance of 02 costs will be paid.
I’m sitting on the sidelines of the SPP for now, i don’t believe they will raise enough cash and will need to place at 0.4c or lower to fund the difference.
Ann: MEL Investor Presentation June 2024, page-28
-
- There are more pages in this discussion • 26 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add MEL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $6.514M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 20 | 15464398 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 2626407 | 4 |
View Market Depth
| Last trade - 16.12pm 22/07/2024 (20 minute delay) ? |
| MEL (ASX) Chart |
Day chart unavailable