MEL 0.00% 0.5¢ metgasco ltd

I confess to being most surprised by the lack of response by...

  1. 976 Posts.
    I confess to being most surprised by the lack of response by posters to the announcement that, on Monday, Mr Henderson took up the position of MD & CEO - (other than that of esteemed AussieBoy - & no he doesn't look @ HC AB).

    Incidentally, I was also surprised that the details of MrDJ's options aroused no comment. I acknowledge that this was not new news but still $1.40 approx in 2012/13 was enough to raise more than one eyebrow!

    The market too, once again, was oblivious and on opening actually went down. The fact it went up 2c by the end of the day but on pathetic volume was also interesting:

    I remain convinced MEL is a complete secret.

    But for me anyway, the detail that stuck out like dog's balls was in the penultimate paragraph: focusing "on project outcomes & increasing returns to shareholders".

    !!!!

    We never had that before! The one thing that MEL had a reputation for was never giving the slightest hope that s/hs would get a return on their investment. And on Day One it's there open and recognised.
 
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