I carnt understand why the company would issue shares at 45c when the current price is 47c whats the benefit to share holders ?
Unless of course they are expecting excellent drilling results in the short term and expect share price to move up. Then i would consider giving them more money, until then i see no incentive at all, not for for 2c anyway. Something we are not being told ?
spp doesnt make sense
Add MEL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $6.987M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 103000 | 0.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.6¢ | 5019540 | 12 |
View Market Depth
| Last trade - 16.12pm 05/07/2024 (20 minute delay) ? |
| MEL (ASX) Chart |
Day chart unavailable