MEL 0.00% 0.5¢ metgasco ltd

big thumbs down, page-26

  1. 1,118 Posts.
    lightbulb Created with Sketch. 2
    according to the annual report as at 16 September 2011 there were 5,881 shareholders (page 65)

    5,881 * $15,000 = $88.2M

    obviously not everyone is going to take it up and put in the full $15K, but it should give you an idea of the scaleback.

    anyone selling now to buy back in the SPP is crazy in my view.
 
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