ME1 0.00% 0.3¢ melodiol global health limited

News: ME1 Melodiol Global Health Says To Raise A$1.08M, page-5

  1. 7,609 Posts.
    lightbulb Created with Sketch. 1084
    what have they done.. doubled the SOI on a measly $1m when revenues are rocketing... $1m isnt going to do anything when revenues are so much higher, all this was is another massive handout of stock for positioning ... its actually worse than the massive dilution that went on pre consol.

    this is actually the worst deal they have managed to put together for retail since they began business... unfortunately lolol

    i am hopeful this will be the last of the worst for this mob.. the wording regarding how pleased they are to gain $1m in funding is comical when you look at the huge revenue numbers...$1m goes absolutely nowhere and does nothing, just a massive stock handout, which is the only positive thing about it, we can look at it as a massive positioning event, like the many we witnessed pre consol lolol
 
watchlist Created with Sketch. Add ME1 (ASX) to my watchlist
(20min delay)
Last
0.3¢
Change
0.000(0.00%)
Mkt cap ! $2.469M
Open High Low Value Volume
0.3¢ 0.3¢ 0.3¢ $64 21.21K

Buyers (Bids)

No. Vol. Price($)
12 5889064 0.2¢
 

Sellers (Offers)

Price($) Vol. No.
0.3¢ 51159991 36
View Market Depth
Last trade - 10.04am 30/05/2024 (20 minute delay) ?
ME1 (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.