MEL 40.0% 0.3¢ metgasco ltd

Hey HibbaFor me to say anything other than the recent share...

  1. 937 Posts.
    Hey Hibba

    For me to say anything other than the recent share price tumble and the political puppet strings on MEL's price are not of a concern at some level would be untruthful.

    However, when I look at the turnover of shares since the rug was (temporarily ?) pulled by the NSW Gov't, the number of shares traded is absolutely and relatively small.

    Seeing the sp in the 8-9cps range is something that I truly never thought likely.

    Hibba, whilst your confidence is greater than mine I still am buying and anticipate (not ' expect ' anymore) a large windfall form my accumulating efforts.

    If a takeover came whilst we are not even on our knees would , IMO, be tragic at two levels, seeing a great resource go cheaply and long term holders who have held the faith taken to the cleaners.

    I anticipate this thing being sorted out soon, probably by strong industry pressure on the NSW gov't.

    This is a good example of why I decided never to trade on the margin with shares.

    Best of luck to all


 
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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
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Last trade - 16.10pm 31/07/2024 (20 minute delay) ?
MEL (ASX) Chart
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