ShareInspector,
Thanks for your very good post.
I was moreso addressing notions of or sentiment on any immediate doubling or tripling in value of the share.
I expect such expectations to manifest as SP growth around mid January.
My estimate might be that a half cent rise per share will come off the bat of the full well completionsthen again after their being tied into infrastructure. Then another half cent for the second well and so on. For the next 3 months (written in the stars of our activity schedule), we will see a helthy tidal SP above and beyond the half cent level with natural market fluctuation/enthusiasm/sells/late buys etc.
But, I do not think that we will see enourmous spikes like recently. And as i said, if anyone can ride those opportunities, good luck, but as with many, i prefer the longer stance on MEL due to the gains it will make 365 days from my investment.
And ShareInspector, your views are excellent to read so thanks for the time and detail of what you research (and thanks for any constructive critique of my post, much appreciated).
- cheers and happy safe new year to you.
L
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Last
0.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $8.016M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 1399398 | 0.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.6¢ | 8439381 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 1399398 | 0.005 |
6 | 6291965 | 0.004 |
16 | 28089636 | 0.003 |
7 | 20120400 | 0.002 |
8 | 61636865 | 0.001 |
Price($) | Vol. | No. |
---|---|---|
0.006 | 8439381 | 4 |
0.007 | 1763852 | 4 |
0.009 | 330000 | 2 |
0.010 | 6117355 | 4 |
0.012 | 1000000 | 1 |
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