MEL 0.00% 0.5¢ metgasco ltd

MEL is akin to a stealth fighter plane flying undetected by the...

  1. 9,081 Posts.
    MEL is akin to a stealth fighter plane flying undetected by the masses on the ground.

    How long before this one gets caught in the searchlights of market awareness?

    Given MEL's growth story and potential I reckon it won't be all that long.

    Any pick up around the 50c area will be richly rewarded ... imo

    Just a matter of time .... I continue to be in accumulation mode at these basement s/p levels.

    Producer status is on the looming horizon for MEL + growing reserves of both CSG and conventional gas.

    Market cap is ridiculously low for a stock with so much going for it.

    Is this a ramp? Don't think so. More like disbelief that the s/p has well and truly lagged behind true value.

    The noise about "fraccing" and its environmental evils is just that ... "noise". And 'yes' it may scare off weak hands but those who hold will be the big winners ...imo
 
watchlist Created with Sketch. Add MEL (ASX) to my watchlist
(20min delay)
Last
0.5¢
Change
0.000(0.00%)
Mkt cap ! $6.988M
Open High Low Value Volume
0.5¢ 0.6¢ 0.5¢ $858 158.1K

Buyers (Bids)

No. Vol. Price($)
1 927625 0.5¢
 

Sellers (Offers)

Price($) Vol. No.
0.6¢ 5044543 12
View Market Depth
Last trade - 11.16am 28/06/2024 (20 minute delay) ?
MEL (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.