MEL 0.00% 0.5¢ metgasco ltd

Sbatt,We certainly like to get more accurate weather forecasters...

  1. 9,560 Posts.
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    Sbatt,
    We certainly like to get more accurate weather forecasters like him.

    They key question is what legal responsibility would he prepare to take for his forecasting works.

    Based on the outcomes of SEQ flood commission, the BOM responsible for the national weather forecasting, but takes little responsibility or warranty of the accuracy of their works. All dams owners and operators, unfortunately still take on the full risk if act on BOM's forecasting information. Their short range forecast is good, but medium and long range forecasts are hopeless.

    As for MEL share price forecasting, I hate to admit it as it may boost your ego with multiple posts bombarding us:).. But you are right with MEL to trade sideway for a while, and it may test the recent low without any interesting news before Xmas. Cheers


 
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