MEL 0.00% 0.5¢ metgasco ltd

Ann: Trading Halt, page-153

  1. 1,870 Posts.
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    So does this look like a reasonable view of the current valuation...at 21 cents I estimate MEL is trading on 2.3 times EBITDA once Vali is fully operational, and VEL is trading at 3 times. As a point of reference, COE trades at about 8 times.

    https://hotcopper.com.au/data/attachments/4840/4840636-ca909f79d27aac38a7f0d5d386c5dd7e.jpg
 
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