Acecant, I read that same report as well.
I personally didn't agree with the writer (Tom Elliot) because I would rather see MEL JV with a major partner, than to be sold down with these ridiculous lowball offers as we've seen recently with ESG and yesterday, BOW.
I can't imaging if someone cames and offer 50c per share, when a sell down of PEL16 itself could be worth a few hundred million dollars.
bow and arrow, page-21
Add MEL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $5.790M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 24251602 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 6069159 | 6 |
View Market Depth
| Last trade - 16.12pm 16/08/2024 (20 minute delay) ? |
| MEL (ASX) Chart |
Day chart unavailable