ROG 0.00% 0.5¢ red sky energy limited.

That's a good point, bagasas.Even though MEL is under...

  1. 5,657 Posts.
    lightbulb Created with Sketch. 4
    That's a good point, bagasas.
    Even though MEL is under valued(IMO)I guess we could use their share price.

    This is only just a reference, and is probably wrong, but here we go.

    Mel
    1P-2.7
    2P-397
    3P-2239 = 2638

    MEL share price @ 57c / 2638 = 0.021c.

    Rog
    3p-179 times 0.021c = 0.037c.

    Of coarse there is plenty wrong with this Calc, but it does seem to show that the high we had may have been justified.


 
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