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0.00% 0.5¢ metgasco ltd

Ann: Trading Halt, page-5

  1. jophda
    4,770 Posts.
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    07/10/22
    10:57
    Post #: 64080315
    The end of year options are even more unlikely to get into the money now .
    Very glad I sold mine when they were worth something .
    They usually only raise modest amounts so hopefully the dilution should not be severe but the raise price will not be pretty .

    The Market had priced in a raise imo as the business limped towards the retreating finish line for first gas revenue .
    At least it will lift the fear of a raise . lol !
    MEL Price at posting: 2.5¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 8  Upvote
    lightbulb Created with Sketch.  Great analysis
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