MEL - Meridian Energy

[kizame]

Can someone post the ticker symbol for this stock,NZX seems so up with it, that it isn't there, unless I'm missing something.
thankyou in advance.

[Master98]

Can someone post the ticker symbol for this stock,NZX seems so up with it, that it isn't there, unless I'm missing something.
thankyou in advance.

lol, MELCA

[CJ]

No big buyer in the market today? Dived a few percent.

[TimmyTP]

No big buyer in the market today? Dived a few percent.

I have to admit I chickened out yesterday & sold the lot.
I was planning to hold on for the full placement and enjoy the divis for my old age, but rather lost my mojo/faith in anything vaguely associated with regulation after the CNU & ComCom fun and games. Also there did seem to be some short-term buying that I wonder is propping up the price. Might regret this, but I think there are better uses for my $ for now.

[mouse]

No big buyer in the market today? Dived a few percent.

Will it do a Mighty River???

[CJ]

Will it do a Mighty River???

I dont think so. Fair value is about $1.10 in my view so some one will step in before it gets too low.

[mouse]

I dont think so. Fair value is about $1.10 in my view so some one will step in before it gets too low.

please give your mates a phone call to rescue the situation!

[silu]

Just to mess with the heads it will go as low as $1.02 but no cent less

[Master98]

about half of floated shares traded over $1.05, this is a huge support which is very hard break through, unless another 'lehman brothers collapse' I think.

[GR8DAY]

.....drifting,drifting.....now below what I stagged it for.......let's see if it gets to test $1.00???