Cash is always needed BUT why not build value into the share price first and not running off to the first pawn broker in the town.
Like I said before, the Govt giving the industry a clearer direction was a single to the market that Gas in NSW had a future.
Mels sending a message to the market that reads we looking for a quick buck and you,ll make it here.
If I had $10m and a company of MELs potential came begging I,d take the 50m shares and for a extra couple of thousand manipulate the sh/pr into the 40s and feed the shares into that, hay presto my $10m just turned into $20m.
Now where have I seen that before,oh yes all over the ASX.
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Last
0.4¢ |
Change
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Mkt cap ! $5.830M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
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3 | 2105211 | 0.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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0.5¢ | 3778476 | 8 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 2105211 | 0.004 |
13 | 25157992 | 0.003 |
10 | 22370899 | 0.002 |
9 | 64603690 | 0.001 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.005 | 3401986 | 6 |
0.006 | 1458000 | 2 |
0.007 | 100002 | 1 |
0.009 | 80000 | 1 |
0.010 | 1000000 | 1 |
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