Mate, are you kidding me? 46c?
I don't think so. This will run to 70c, once we officially get the go-ahead. Despite Baillieu targetting 62c.
http://www.metgasco.com.au/files/mel_14may12.pdf
LNG & EPW are the largest holders and clearly they are waiting for the NSW go-ahead, before staking up again.
There are no more substantial CSG players left. MEL is the last independent player.
Even with the recent M&A happening:
- PetroChina buying MPO's QLD assets
- LNG takeover for WCL
puts MEL in the front seat and spotlight.
NSW gas shortage is not helping the reality. Clearly MEL is the way to go.
Mate, are you kidding me? 46c?I don't think so. This will run to...
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Last
0.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $7.287M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 13004389 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 804534 | 2 |
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| Last trade - 16.12pm 14/11/2024 (20 minute delay) ? |
| MEL (ASX) Chart |
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