MAY
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5.26% 3.6¢ melbana energy limited

Ann: Drilling update at Alameda-1 - Significant Oil Interval, page-241

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  1. Aazzzzaa18
    26 Posts.
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    08/02/22
    23:12
    Post #: 59443592
    i interpreted it as 2.7 billion had been converted from MAYO to MAY, so i thought 2.7 billion shares were sold today at the execution of 3.5c (half the price of the market) and that because so many had been sold so cheap today it would of brought the price down, as more shares were now in circulation with so many coming in at a cheaper price. only started trading shares a week ago, so unfortunately im gonna miss the mark sometimes, but cheers for the info, already taken abit out of it.
    MAY Price at posting: 6.4¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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