MEL metgasco ltd
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Metgasco (ASX:MEL) closes week in a trading halt

  1. TheMarketOnline
    7,925 Posts.
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    02/07/21
    15:28
    Post #: 54243369
    • Metgasco's (MEL) securities are in a trading halt, as the energy company gears up to launch a capital raise
    • No details of the fundraise are available just yet, but a full announcement will be released before the trading halt ends on July 6
    • MEL ended the March quarter with $651,000 worth of cash in the bank, enough money to keep it operating for 0.36 quarters
    • Next week's proposed capital raise may help top up the company's bank account, as it continues to explore the Cooper and Perth basins

    Read the Full Article on The Market Herald here
    MEL Price at posting: 2.7¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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0.000(0.00%) 		Mkt cap ! $3.665M
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Last trade - 10.00am 23/06/2025 (20 minute delay) ?
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