stumpy I get the frustration but it doesn’t take a genius to see how the SPP would pan out and the position the company have put themselves in. feel free to shoot the messenger but might be time to have a hard look at your own investment decisions before throwing shade at others.
Mel continue to be too thinly capitalised they should of taken the opportunity to place debt and undertaken a larger raising at 0.5c in to pay for O2/O3 instead the option they have taken is death by a thousand cuts which will lead to greater dilution in the long run at lower prices.
while the assets could work the reality is they do not have the capital to unlock the upside at the moment
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Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $4.592M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 6380498 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 10843632 | 8 |
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| Last trade - 09.59am 31/07/2025 (20 minute delay) ? |
| MEL (ASX) Chart |
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