MEL 0.00% 0.5¢ metgasco ltd

starting to worry

  1. 347 Posts.
    This drop in share price is starting to worry me a little...

    There have been half a dozen on-market sells of 50k or more today... including a 550k dump (for $200k return) about 20 minutes ago. That's some serious selling. Would expect a change in substantial holder notice at some stage soon... (maybe this is related to the ASX re-balance???)
    I just hope it's not director selling!

    Anybody buying or is everybody scared? Unfortunately I just can't, no funds, or I probably would lower my average and take up a few more. Would like to see the low come in soon, and large amounts of support start to show up - because at the moment it's looking a little ugly. Need some pretty spectacular drilling results or something to turn this around I think!
 
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Mkt cap ! $7.237M
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Buyers (Bids)

No. Vol. Price($)
10 11708141 0.4¢
 

Sellers (Offers)

Price($) Vol. No.
0.5¢ 2094532 3
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Last trade - 16.12pm 11/07/2024 (20 minute delay) ?
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