Message to myself .
NEVER AVERAGE DOWN .
I am a serially loser most times I have done that .
The CEO has overall oversight of what is happening in the business .
He also has history of running a business that went broke when a supposedly supportive investor called in its debt .
The leases that MIN got for very little when Empire went broke are now worth billions based on the value of NWE 's 20% ( Now deceased , RIP ).
That said I don't think MEL will go broke and I think at this market cap they are good value .
However no one is making any offers to buy them .
Ann: KBC: Metgasco Ltd Loan, page-37
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Last
0.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $7.493M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 18557960 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.6¢ | 7271471 | 12 |
View Market Depth
| Last trade - 10.04am 13/06/2024 (20 minute delay) ? |
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Last
0.4¢ |
Change
0.000 ( 20.0 %) |
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| Open | High | Low | Volume | ||
| 0.4¢ | 0.4¢ | 0.4¢ | 8669 | ||
| Last updated 10.55am 13/06/2024 ? | |||||
| MEL (ASX) Chart |
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