Not sure if that is the case for investors - gas is still required and a preferable fossil fuel.
Look at the case of coal - vilified but investors still put funds in coal companies.
Anyway, MEL should be announcing first revenues in the near future. That will have more affect on the SP than any other considerations.
Ann: Two Wells Online as Vali-3 Commences Gas Production, page-42
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Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $5.066M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 12600226 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 14907884 | 13 |
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| Last trade - 16.12pm 29/08/2024 (20 minute delay) ? |
| MEL (ASX) Chart |
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