what is expensive or cheap is calculated based on many variables Sath. Congrats if you loaded up at 26cents with their last cap raising.
What I did learn from ESG is not to expect much from heavily diluted, larger Market Cap companies with a major sitting on their register owning 20% of the company ...
live and learn. :D
I do expect not to get a HUGE amount of growth from MEL from here nevertheless I expect some share price appreciation / re-rating after this corporate negotiation is through. As a relatively new holder, I would be happy with only a modest return given my shorter time as a holder. Everything is relative. With a well supported share price for the past month, the 1 month VWAP is looking great as a base price. ;)
Good luck buddy!
buy competition, page-12
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Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $4.342M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 17584936 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 6127064 | 5 |
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| Last trade - 16.12pm 09/08/2024 (20 minute delay) ? |
| MEL (ASX) Chart |
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