MEL
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0.00% 0.5¢ metgasco ltd

Other Gas stocks went up today as well. I was concerned with the...

  1. OzAlien
    392 Posts.
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    01/05/08
    19:31
    Post #: 3654741
    Other Gas stocks went up today as well.

    I was concerned with the cash remaining at end of qtr - $4.6m ($7m expended this qtr). I don't think that the SPP was well timed or would have been taken up on mass, which means MEL will need additional cash and soon. They may need to revert to a capital raising.

    Will be keeping a close eye on the amount raised from the SPP when released very soon.
    MEL Price at posting: 0.0¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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Last
0.5¢ 		Change
0.000(0.00%) 		Mkt cap ! $6.244M
Open High Low Value Volume
0.5¢ 0.5¢ 0.5¢ $366 73.23K

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No. Vol. Price($)
1 1971841 0.5¢
 

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Price($) Vol. No.
0.6¢ 7823136 13
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Last trade - 10.07am 20/06/2024 (20 minute delay) ?
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