- 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
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Last
0.3¢ |
Change
0.001(50.0%) |
Mkt cap ! $5.497M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.3¢ | 0.3¢ | $300 | 100K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 15484217 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 10712024 | 12 |
View Market Depth
| Last trade - 09.59am 24/06/2025 (20 minute delay) ? |
| MEL (ASX) Chart |