MEL 0.00% 0.5¢ metgasco ltd

dilution, page-33

  1. 9,580 Posts.
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    Listen Sbatt,
    There were always opportunities in the past, post any CR for shareholders to cashin if they want to.

    Longterms holders like me and you? have got caught holding the bag and whiging now, mainly because we were being greedy on the last two CR. Not this time mate. I shall let my profit to ride MEL only. Well, third time lucky they say.

    If the management can't perform now under such an ideal regulatory operating enviroment in NSW, them MEL will be swallowed up for sure. I for one would be happy for any offers above 50c in the near future. So they better perform or lose their jobs by early next year.

    Like you, I won't bother with the SPP if I can get cheaper shares now on the market.
 
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20 13664897 0.4¢
 

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