MEL 0.00% 0.5¢ metgasco ltd

why mel will never see 50c again, page-8

  1. 214 Posts.
    Hopefully, becuase according to the share price, the market is not buying it at the moment. Too many of the potential upsides are based on if's and possibly just like the greens ideas against csg.

    It is all conjecture both greens and MEL's prospects. To many unkowns are making potential investors look elswhere for better lower risk value.

    I think we will see lower prices yet. When the cavalry stop coming to the rescue each time we see 18c, we will likely see 16.5c - 17c, it is simple...it is in a downtrend and will continue down until something decent turns it around!

    So far the news is not cutting it!

    Do your own.....ah whatever!

 
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