Capital Signal

Metgasco LTD (ASX: MEL)

Sector: Energy

Market cap: A$478K (as of 2 Nov 2026)

Oil and gas exploration, appraisal, development and investment in and development of associated energy infrastructure

Data as of 2 Nov 2026.

Recent capital raises

DateTypeAmountPriceDiscountSource
13 June 2025Rights issue$0.499M$0.00—Filing ↗
25 June 2024SPP$0.744M$0.01—Filing ↗
31 May 2024SPP—$0.01—Filing ↗
10 May 2024Placement$1M$0.0116.7% discountFiling ↗
11 Oct 2022Placement$2.7M$0.0220% discountFiling ↗

Substantial holders — latest moves

DateHolderMoveHoldingSource
30 Sept 2025Glennon Small Companies LimitedEntry?% → 20.0%Filing ↗
23 June 2025Gregory Norman PetersEntry?% → 6.3%Filing ↗
17 June 2025Glennon Small Companies LimitedIncrease15.49% → 20.04%Filing ↗
17 Oct 2024J.P. MORGAN NOMINEES AUSTRALIA PTY LIMITEDEntry?% → 14.96%Filing ↗
8 July 2024Glennon Small Companies LimitedDecrease17.56% → 15.49%Filing ↗

Director trades — on-market

DateDirectorTradeSource
18 Oct 2023Philip AmeryBought 420,000 (Maeander Holdings Pty Ltd)Filing ↗
5 Oct 2023Philip AmeryBought 582,126 shares (Maeander Holdings Pty Ltd)Filing ↗
15 Aug 2023Philip AmeryBought 230,769 (Maeander Holdings Pty Ltd)Filing ↗
3 Aug 2023Philip AmeryBought 384,615 shares (Maeander Holdings Pty Ltd)Filing ↗
11 Oct 2022Philip AmeryBought 250,000 (Amery Partners Pty Ltd)Filing ↗

Cash and runway

MetricValueAs ofSource
CashA$1M30 Sept 2026Filing ↗
Runway0.9 quarters30 Sept 2026Filing ↗

Ask about MEL in Claude or ChatGPT

Add the Capital Signal connector at https://capitalsignal.io/api/mcp, then ask:

  • Has MEL raised money in the last year, and at what discount?
  • What was MEL's latest cash position and runway?

Setup guide for Claude, ChatGPT and other MCP clients →

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