MEL
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0.00% 0.5¢ metgasco ltd

BYE in Trading Halt

  1. stumpytrunks
    2,949 Posts.
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    10/08/17
    09:24
    Post #: 26407113
    BYE are currently in a trading halt pending an announcement regarding an equity raising. Will be interesting to see if we take part, given the conditions of the convertible note. The wording of 'equity raising' rather than 'placement' makes it appear to be one for existing holders...

    Appreciating not rushing into risk, but at some point we need some direct exposure to an active project.
    MEL Price at posting: 4.1¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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