MEL 25.0% 0.5¢ metgasco ltd

In the end, a placement and SPP has been locked in. A price for...

  1. 6,573 Posts.
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    In the end, a placement and SPP has been locked in. A price for those has been locked in. Either participate, hold or sell.

    We can grumble all we want, but now we have a fully funded company that can finally do what it has wanted to do for years. Cap raisings don't just coming overnight. Let;s not forget that approvals were 'imminent' for a period of time that was closer to an eternity. I'd rather a diluted fully functioning company than an insolvent one. A court ruling against a European bailout would have seen the whole market get smashed. That ruling was the night of the trading halt.

    I don't think anyone would be overjoyed about the price/dilution. However, if the company can value add to a level that outweighs that dilution we are all winners. We have been given a stunning opportunity to get this at bargain basement prices. A new chapter is opening and in my opinion there was 17 pages worth of economic road map presented to anyone who card to fully take it in today.
 
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Last
0.5¢
Change
0.001(25.0%)
Mkt cap ! $7.237M
Open High Low Value Volume
0.5¢ 0.5¢ 0.5¢ $500 100K

Buyers (Bids)

No. Vol. Price($)
20 13664897 0.4¢
 

Sellers (Offers)

Price($) Vol. No.
0.5¢ 3626406 5
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Last trade - 10.04am 25/07/2024 (20 minute delay) ?
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