The SPP is just like some equitable compensation to longterms suffereing shareholders, after the stuffed up placement... Doesn't not look so attractive now does it ?
Anyway, based on the performance share issued to management this year, they put the fair evaluation target for MEL at 31c over the next 12 months:).
Heck, if I cannot beat you guys down ramping then I may just join in the fun hey:)
On the serious notes. The current weakness in shareprice may see it hit 15c over the next week or so alright..
mel already has 15 mill., page-2
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Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $5.790M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.4¢ | 0.4¢ | $7 | 1.718K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 13765502 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 14029479 | 13 |
View Market Depth
| Last trade - 15.19pm 04/09/2024 (20 minute delay) ? |
| MEL (ASX) Chart |