Perhaps RichieRichie
but I note QGC/BG have already realised this and moved to take a 16.7% stake and Sentinent group have a 13.5% stake, what are VPE's reserves and so its EV per GJ reserves be it 2P or 3P?
I think you'll find while there are many undervalued CSG companies out there, MEL is by far the cheapest on an EV per 3P reserve basis, this fact cannot be disputed
Moreover STO's move on ESG is more relevant to MEL because its next door (well a few hundred km's away than it is to VPE) it would be like if BG made a move on BOW, obvioulsy relevant to MEL as a CSG stock but far far more relevant to VPE as a nearby QLD CSG player
Perhaps RichieRichie but I note QGC/BG have already realised...
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Last
0.4¢ |
Change
-0.001(20.0%) |
Mkt cap ! $5.790M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.4¢ | 0.4¢ | $10.11K | 2.527M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 11541399 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 4483831 | 5 |
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| Last trade - 12.40pm 12/07/2024 (20 minute delay) ? |
| MEL (ASX) Chart |