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.
At what price does MEL become attractive to STO? Santo took over...
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Mkt cap ! $5.790M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 13765502 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 14063479 | 14 |
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