Hi cara, I fully understand you position "selling some" and just wish I had taken advantage of the SP spike during the runup to Cervantes-1; SP down 50% since this peak. My bad. If first Vali gas does not happen this year, I'll be selling down as well, as in my view this will increase the risk that MEL will not deliver on their base business gas strategy below (22 Feb. 2022). Only time will tell. Over $12 million raised since July 2020 and the value reflected in our SP has remained unchanged. Unfortunately, the Cervantes-1 failure has reinjected negative sentiment back into this stock.
Another placement you think.....phew. If so, it will probably be less than 2.4 cents. I'm struggling to stay on board this slow boat to............
Kind regards OldGeo.
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $3.665M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 18 | 19285488 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 5913861 | 9 |
View Market Depth
| Last trade - 16.12pm 20/06/2025 (20 minute delay) ? |
| MEL (ASX) Chart |
Day chart unavailable