MAY 3.33% 2.9¢ melbana energy limited

May Chart, page-5579

  1. 5,036 Posts.
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    The real life scenario is as below that it will all be an IOU. May has to come up with a way to retrieve payment maybe AP will start an ingenious scheme and come up with Russian oil swap play

    On January 1, 2023, the outstanding receivable amounts owing to Sherritt from Energas and CUPET – estimated to total $361.9 million

    Similarly, in regards to the trade receivable from CUPET, the lack of access to foreign currency has limited CUPET’s ability to pay amounts owing to Sherritt. The cobalt swap provides a mutually beneficial arrangement to pay down the outstanding receivables in a reasonable timeline without relying on Cuba’s ability to access foreign currency.




 
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Last
2.9¢
Change
-0.001(3.33%)
Mkt cap ! $97.73M
Open High Low Value Volume
3.0¢ 3.0¢ 2.9¢ $24.41K 818.2K

Buyers (Bids)

No. Vol. Price($)
8 1306831 2.9¢
 

Sellers (Offers)

Price($) Vol. No.
3.0¢ 20550 1
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Last trade - 16.10pm 19/11/2024 (20 minute delay) ?
MAY (ASX) Chart
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