I understand that MEL has the problem that it can sell the gas its just that the buyers are not prepared to meet the purchase price and MEL says "well you are not getting it cheap."
Bear in mind commercial arrangements are for a long time and the difference in a few cents means millions.
having said that if the sp keeps falling there would be nothing to prevent a takeover.
DJ still has a few but he is going and might just take his $ and do something else.
I understand that MEL has the problem that it can sell the gas...
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Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $5.066M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 12600226 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 14907884 | 13 |
View Market Depth
| Last trade - 16.12pm 29/08/2024 (20 minute delay) ? |
| MEL (ASX) Chart |
Day chart unavailable