Can you please stop. MEL are not cashflow negative at this stage. Based on the most recently advised figures they would be generating circa $700k revenue per quarter, putting them ~$40k in the black.
This is appraisal - understand the business model before you rubbish it.
Can you please stop. MEL are not cashflow negative at this...
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Last
1.2¢ |
Change
0.001(4.55%) |
Mkt cap ! $19.2M | |||
| Open | High | Low | Value | Volume |
| 1.1¢ | 1.2¢ | 1.1¢ | $53.25K | 4.847M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 4577592 | 1.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.2¢ | 6293360 | 8 |
View Market Depth
| Last trade - 14.59pm 09/05/2024 (20 minute delay) ? |
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Last
1.2¢ |
Change
0.001 ( 4.55 %) |
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| Open | High | Low | Volume | ||
| 1.1¢ | 1.2¢ | 1.1¢ | 1789806 | ||
| Last updated 14.59pm 09/05/2024 ? | |||||
| VEN (ASX) Chart |