MEL 0.00% 0.5¢ metgasco ltd

big brother, page-2

  1. 214 Posts.
    Yes but posting about gas shortages does us no favours. The market since 2008 very adverse to any risk being government, management or otherwise.

    There are too many other gas players to put your money in compared to MEL and that is what is currently happening in the market. Once upon a time, mainstream investors (not hotcopper pros) would be jumping on MEL, however as stated earlier, MEL has now seriously damaged their brand with a CR at such a low price and for very limited funds.

    I have quite a few MEL and would love nothing more than to see it go up, however hoping cannot cover the facts. It sometimes takes a lot to look at an investment and accept that it is probably no great rather than just hang on to hope and read positive articles to try and convince yourself and others.

    The market is voting MEL down, it could well turn around but the facts are at the moment most shareholders are unimpressed with them.
 
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Last trade - 16.12pm 26/07/2024 (20 minute delay) ?
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