I am curious @boysy1
I agree with you that MEL is losing money on O-1 and V-1 and needs to O-2 to generate some cashflow but we knew this last year. O-1 has continued it's decline but we knew that in May. Whether MEL is losing $250k or $300k a quarter is largely immaterial. Without a decent funding package MEL will soon be sold for parts. You saw all this coming and called it in advance so why do you still hold? Do you see a way forward for MEL that I don't?
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Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
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Price($) | Vol. | No. |
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0.4¢ | 8348848 | 11 |
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No. | Vol. | Price($) |
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10 | 10766666 | 0.003 |
14 | 32360499 | 0.002 |
8 | 65703690 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
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0.004 | 8348848 | 11 |
0.005 | 4954391 | 5 |
0.007 | 667557 | 3 |
0.009 | 80000 | 1 |
0.010 | 1000000 | 1 |
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