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.
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- Ann: VEN: ACCC authorisation to Odin JV for marketing gas
Ann: VEN: ACCC authorisation to Odin JV for marketing gas, page-18
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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($) | Vol. | No. |
---|---|---|
0.4¢ | 8348848 | 11 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
10 | 10766666 | 0.003 |
14 | 32360499 | 0.002 |
8 | 65703690 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.004 | 8348848 | 11 |
0.005 | 4954391 | 5 |
0.007 | 667557 | 3 |
0.009 | 80000 | 1 |
0.010 | 1000000 | 1 |
Last trade - 16.12pm 22/08/2024 (20 minute delay) ? |
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