There is some disconnect between the DOW and the ASX these days - we don't move by the same amount anymore.
In all, a modest drop today. Good to see MEL rise and I do expect that by the end of March we will see a more significantly higher SP once the other rigs start producing. Future expectations and FOMO should kick in. Once revenue is mentioned, the whole equation changes.
MEL Price at posting:
2.3¢ Sentiment: Buy Disclosure: Held
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