MEL 10.0% 0.5¢ metgasco ltd

bullish chart, page-9

  1. 1,269 Posts.
    Yep, still a bit of resistance and profit taking from the rights issue mainly it seems. I remember sussing out who'd been selling post placement and they had stopped there last I looked so assume this is retailers selling their 40c rights. A bit of consolidation round here won't hurt so we have a nice base to launch an assault on 60c from!

    Have bought a few ESG today on the dip, hoping it can assault it's recent highs soon too!
 
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