PriceSensitive

Metgasco (ASX:MEL) kicks off Entitlement Offer to accelerate gas production and cashflow

ASX News, The Watchlist
ASX:MEL
13 May 2025 09:02 (AEST)

This browser does not support the video element.

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.

Related News