Hey all
No doubt that MEL has been snookered in a number of ways at the moment. I certainly wouldn't be placing the farm on them at the moment but, in my view there is some very significant potential upside once the layers of uncertainty are peeled away. I expect that it probably won't start to occur until next year sometime.
This one will require (much) more patience but at the current levels it is looking well worth the risk for me to start building some more into the portfolio.
I can see tension coming into the MEL threads but at this point it is far from being as 'tortured ' as the ESG experience.
Best to all
Hey allNo doubt that MEL has been snookered in a number of ways...
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Last
0.3¢ |
Change
-0.002(40.0%) |
Mkt cap ! $4.342M | |||
| Open | High | Low | Value | Volume |
| 0.5¢ | 0.5¢ | 0.3¢ | $50.29K | 12.64M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 23762348 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 7269483 | 7 |
View Market Depth
| Last trade - 16.10pm 31/07/2024 (20 minute delay) ? |
| MEL (ASX) Chart |