It’s a proxy trade. The market attributes zero value to any asset other than vali and Odin, so may as well sell your MEL if you believe it was fairly valued proportional to VEN. They’re essentially the same company outside of some non-tangible differences such as management, and one is in a trading halt and the other isn’t.
Ann: VEN: ACCC authorisation to Odin JV for marketing gas, page-18
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add MEL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $5.790M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 10766666 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 8348848 | 11 |
View Market Depth
| Last trade - 16.12pm 22/08/2024 (20 minute delay) ? |
| MEL (ASX) Chart |
Day chart unavailable