MEL 40.0% 0.3¢ metgasco ltd

Hi MRPaulDefinitely some similarities with ESG, at first blush:-...

  1. 937 Posts.
    Hi MRPaul

    Definitely some similarities with ESG, at first blush:

    - apparently 'stranded 'gas

    - green mob doing their best

    - long periods of relative inactivity (whatever the cause)

    - the thread on HC seemingly becoming a little 'tortured '

    Obviously, one difference is that TraderReg is not on the MEL register as was the case with ESG. Another is that there are 2 significant parties on the share register.

    For me, the main issue is to take the learnings from ESG and apply it here and on other shares I hold.

    For what it is worth, my feeling is that it will eventually end up like ESG, ie, being gobbled up and, in the end, it will all be about haggling on the price - an issue which I am, and have been addressing by buying strategically.

    Best to all
 
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