The last CR was done as well as could be expected for retail investors .
Made the offer to the current holders with a small discount only to the then current price .
Underwrote the offer so they guaranteed getting the money they needed and so protected the share holders from the likely SP crash that would have occurred if they had not been able to raise that money .
When the unexpected dump of 20% of their shares were occurred during the raise they brought in an Angel investor and Management and directors brought shares themselves .
I thought they handled it very well .
Much more retail investor friendly than most capital raises I have seen.
- Forums
- ASX - By Stock
- Ann: VEN: Material Gas Resource Booked for Odin Field
MEL
metgasco ltd
Add to My Watchlist
0.00%
!
0.2¢

The last CR was done as well as could be expected for retail...
Featured News
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
|
|||||
Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $3.665M |
Open | High | Low | Value | Volume |
0.2¢ | 0.2¢ | 0.2¢ | $10 | 5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
14 | 15680488 | 0.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.3¢ | 10613886 | 10 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
14 | 15680488 | 0.002 |
8 | 35000998 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.003 | 10613886 | 10 |
0.004 | 10352802 | 5 |
0.006 | 311675 | 1 |
0.022 | 91666 | 1 |
0.028 | 2400 | 1 |
Last trade - 10.00am 23/06/2025 (20 minute delay) ? |
Featured News
MEL (ASX) Chart |