At what price does MEL become attractive to STO?
Santo took over ESG and based on those metrics MEL is an absolute steal.
Perhaps STO are waiting for the political risk to subside too but I would have thought that at current metrics old MEL would be nearly too cheap to ignore.
Any constructive comments welcomed.
HJ
I am deeply in the red however with reduced cash burn rate and some cash on hand there remains some hope we can survive this period of uncertainty until labour are punted in Sept. BOF is a hindrance also.
santos interest in mel
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add MEL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.3¢ |
Change
-0.002(40.0%) |
Mkt cap ! $4.342M | |||
| Open | High | Low | Value | Volume |
| 0.5¢ | 0.5¢ | 0.3¢ | $50.29K | 12.64M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 23762348 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 7269483 | 7 |
View Market Depth
| Last trade - 16.10pm 31/07/2024 (20 minute delay) ? |
| MEL (ASX) Chart |