Hello Hanabi, you're a long-time MEL holder and so am I.
After a few glass of red this evening reading your post about risk/reward, the first thing that came to my mind was...
... Kingfisher 1, the company maker.
I reckon SM74 is one of those turn-around opportunity for MEL, and if it fails, at least MEL has a +6% BYE shareholding for disposal to fund the Cooper Basin projects. Let's wait and see who the farm in partners are.
Cheers
Strike 3, page-7
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Mkt cap ! $5.066M | |||
| Open | High | Low | Value | Volume |
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Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 12600226 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 14907884 | 13 |
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| Last trade - 10.04am 30/08/2024 (20 minute delay) ? |
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