MAY 6.25% 3.0¢ melbana energy limited

Key Reasons for Holding MAY - Block 9 Exploration, page-9

  1. 1,157 Posts.
    lightbulb Created with Sketch. 162
    nastyG re "post in jest"

    My post was serious , yes I saw you said you were "in"

    BUT

    If you never do any ongoing research, it is at least worth reading some of the many posts re MEO (MAY) , especially around 2012 ,on Hot Copper to get a feel for how company situations/prospects can change .


    FOR EXAMPLE the following on 14/4/2012 by poster Corporate when the MEO share price was DOWN to ONLY 32.5 cents.
    ;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;
    The one big problem with trading MEO is that you might just miss the day they announce any of the following:

    A major partner for Seruway - it could be anything. I'm looking for three wells, one in each of Gurame, Kuala Langsa and Ibu + development of Gurame..who knows.

    ENI farming into WA 454 for 50% and two wells

    Woodside hitting gas at Banambu (half in MEO's WA 361-P)

    Woodside farming into WA 361-P

    Announcement of equity partners for midstream TSMP #1

    Blackwood prospectivity and volume upgrade (see ENI document posted earlier)

    Blackwood drilling decision

    Take over
    ;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;
 
watchlist Created with Sketch. Add MAY (ASX) to my watchlist
(20min delay)
Last
3.0¢
Change
-0.002(6.25%)
Mkt cap ! $101.1M
Open High Low Value Volume
3.1¢ 3.1¢ 2.8¢ $248.3K 8.453M

Buyers (Bids)

No. Vol. Price($)
4 750509 2.9¢
 

Sellers (Offers)

Price($) Vol. No.
3.0¢ 24364 1
View Market Depth
Last trade - 16.10pm 05/07/2024 (20 minute delay) ?
MAY (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.