MEL 0.00% 0.5¢ metgasco ltd

government hopes to answer csg questions, page-6

  1. 937 Posts.
    Yeah - looking at the share price it may appear there ain't many believers out there.

    However, the turnover is amazingly low from what I can see, perhaps it is a case of not much interest in buying at the moment. Seems to be a lot of interested HOLDERS though.

    Those selling now would probably be selling at a loss unless they are long term holders or bought at the very right price in the last few months. Perhaps they are using their funds to chase better returns as MEL may be in a holding pattern for a while.

    I am accumulating more and happy to hold until it (if) it becomes 'sexy 'again.

    Having learned lots of lessons from the ESG saga.....little emotion here, mid term accumulation and wait.

    all the very best
 
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