I JUST DON'T GET IT THOUGH!
How has the market missed MEL for so long now, I mean ESG recently flowed a well at 250k cbf a day, MEL's intial pilot flowed at 200k cbf a day, Wyan 1 free flowed without assitance at 120k+ cbf a day I mean so lets say majors are uncertain about flow rates etc and maybe their wells will be more costly etc so instead of 66c their only willin to pay half that well that still eqautes to .....
$2.80 a share and thats at 32c a GJ for 3P not 66c a GJ
When will Mr Market wake up?
sto/esg/gastar/hgo tranasction implications, page-4
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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 |