The Market Online - At The Bell

Join our daily newsletter At The Bell to receive exclusive market insights

Metgasco (ASX:MEL) is conducting a partially underwritten shareholder entitlement offer to raise up to $750,000 at 0.2 cents per share. This is a 33% discount to the current 0.3 cents share price, 1 new share for every 3.89 existing shares (Record Date: 14 May 2025).

Managing Director Ken Aitken joined The Market Online’s Sonia Madigan to discuss further.

Join the discussion. See what HotCopper users are saying about Metgasco (ASX:MEL) and be part of the conversations that move the markets.

The material provided in this article is for information only and should not be treated as investment advice. Viewers are encouraged to conduct their own research and consult with a certified financial advisor before making any investment decisions. For full disclaimer information, please click here.

mel by the numbers
More From The Market Online
The Market Online Video

Market Open: sell-off deepens as oil climbs above US$109

ASX today – Australian shares are set to edge lower after Wall Street capped its worst week since June, with the tech sell-off

Pacific Resources receives high-grade gold results at Snowstorm project

Pacific Resources has received promising assay results from the rock-chip channel sampling program completed at the…

Infocus Group’s gaming subsidiary signs $2.4M minimum first contract

InFocus Group's subsidiary InFocus Gaming Technologies has signed a binding conditional agreement with its first customer…
The Market Online Video

Market Open: ASX to rise after US green close; Deep Yellow defers FID on Tumas project; Pilbara Mins’ CapEx hike

The ASX200 is set to rally on Friday by as much as +1% heading back towards the 9,000pts level for the XJO in