MEL 0.00% 0.5¢ metgasco ltd

Ann: Two Wells Online as Vali-3 Commences Gas Production, page-65

  1. 2,786 Posts.
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    This may be a good opportunity for new entrants. They are not doing anything unusual. They participate in cap raises and dump on market. And after all those selling, MEL decided to borrow from them and provided millions of free options. And they are still selling, so business as usual for Keybridge.

    They only have 8% ownership left, and no cap raise on the horizon. So, I have been buying some at 1.9c and 1.8c.

 
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