When did a politician ever admit that he was wrong? MEL "shareholders" voted to accept the government's offer without even a buyback clause in the contract. As far as MEL is concerned it is over! They don't even have the $25m to buy the concession back even if the government were to do the decent thing.
No doubt at some stage another company will be awarded the license and a certain minister will bask in the glory of stepping in yet again to help resolve the gas crisis! Sickening though that might be.
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Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $3.674M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 16630498 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 10381720 | 9 |
View Market Depth
| Last trade - 16.21pm 25/07/2025 (20 minute delay) ? |
| MEL (ASX) Chart |
Day chart unavailable