MAY

0.00%

2.0¢ melbana energy limited

Ann: Alameda 2 First Production Results, page-127

First 127 Last

Share
Profile

Follow
thecone

7,208 Posts.

856

05/07/23

13:29

Post #: 68632759
Share

Originally posted by Kit67 ↑

Sorting the hay from the chaff today @thecone

There are quite a few out there who are very long this stock (most likely at awkward levels, hence the emotion), and who would say anything to defend their position for fear of the stock price going down. When anyone tries to counter their argument, they turn a bit nasty. HC is a funny place like that. I turn the other cheek and try to ignore that stuff. It's just noise.

Nothing in today's announcement is actually remarkable. Absolutely nothing. It aligns with previous data and announcements made by the company, both recently and when they first drilled this field. It also aligns with published information about the field itself. As some have correctly noted, the pressure is in line with expectations, and the outcome of the first zone not surprising. AP has even reiterated that this upper zone outcome will most likely not alter their estimates (for that layer), and that the real target is those lower two zones. Again, this is in line with what the company has said previously. So, unless you are really, really picky - there is almost nothing that was said today that we didn't already know. And my only point is that the SP spike today (albeit, on good volume) is a bit "FOMO-ish" - and is the kind of thing that traders sell into (what we used to call "B waves", where the B stood for "bull***"). So I exercise caution where there is no immediate change in fundamentals. It's as simple as that. So if someone wants to get all funny and throw stones at me about it, then good for them. Not fussed.

Kit.

Expand

As my mum would say.. Don't judge others by your own standards.... Spent my emotions long ago on foreign fields.
All going by the numbers.
Tc

MAY Price at posting: 9.4¢ Sentiment: Buy Disclosure: Held
7 Upvote

0 Great analysis

Reply

Top Stories

HZR

Hazer Group reports ten days of continuous operation at graphite-manufacturing test facility

Bitcoin: Current State of Play & Where to Next | Swyftx

TNC

True North increases silver metal at QLD's Vero deposit by 20%

NEU

Neuren Pharmaceuticals dips after pediatric Angelman Syndrome Phase 2 trial results fail to impress

Week 32 Wrap: AI is clearly overhyped – but did we see ‘bubble’ burst already? Plus RBA decision; Japan’s wild week & Google ruling

Emerald & Azure score Digger & Dealer awards

From the Floor with Federal Opposition Leader Peter Dutton at Diggers & Dealers 2024

TKM

Trek Metals jumps 5% as gold & REE drill run kicks off at Christmas Creek in the Kimberley

Dale Gillham's weekly wrap: picking resilient stocks in a volatile global market

Revolutionary inverter technology leads the clean energy charge

There are more pages in this discussion • 420 more messages in this thread...

First 127 Last

Add MAY (ASX) to my watchlist

(20min delay)
Last 2.0¢		Change 0.000(0.00%)		Mkt cap ! $67.40M

Open	High	Low	Value	Volume
2.0¢	2.1¢	2.0¢	$37.57K	1.856M

Buyers (Bids)

No.	Vol.	Price($)
37	11509043	2.0¢

Sellers (Offers)

Price($)	Vol.	No.
2.1¢	1523856	5

View Market Depth

No.	Vol.	Price($)
33	11229043	0.020
9	1025920	0.019
3	358730	0.018
3	80355	0.017
3	1725000	0.016

Price($)	Vol.	No.
0.021	1523856	5
0.022	2516137	8
0.023	3200000	5
0.024	2472742	6
0.025	1266441	5

Last trade - 16.10pm 09/08/2024 (20 minute delay)

MAY (ASX) Chart

Ann: Alameda 2 First Production Results, page-127

Hazer Group reports ten days of continuous operation at graphite-manufacturing test facility

Bitcoin: Current State of Play & Where to Next | Swyftx

True North increases silver metal at QLD's Vero deposit by 20%

Neuren Pharmaceuticals dips after pediatric Angelman Syndrome Phase 2 trial results fail to impress

Week 32 Wrap: AI is clearly overhyped – but did we see ‘bubble’ burst already? Plus RBA decision; Japan’s wild week & Google ruling

Emerald & Azure score Digger & Dealer awards

From the Floor with Federal Opposition Leader Peter Dutton at Diggers & Dealers 2024

Trek Metals jumps 5% as gold & REE drill run kicks off at Christmas Creek in the Kimberley

Dale Gillham's weekly wrap: picking resilient stocks in a volatile global market

Revolutionary inverter technology leads the clean energy charge

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Ann: Alameda 2 First Production Results, page-127

Top Stories

Hazer Group reports ten days of continuous operation at graphite-manufacturing test facility

Bitcoin: Current State of Play & Where to Next | Swyftx

True North increases silver metal at QLD's Vero deposit by 20%

Neuren Pharmaceuticals dips after pediatric Angelman Syndrome Phase 2 trial results fail to impress

Week 32 Wrap: AI is clearly overhyped – but did we see ‘bubble’ burst already? Plus RBA decision; Japan’s wild week & Google ruling

Emerald & Azure score Digger & Dealer awards

From the Floor with Federal Opposition Leader Peter Dutton at Diggers & Dealers 2024

Trek Metals jumps 5% as gold & REE drill run kicks off at Christmas Creek in the Kimberley

Dale Gillham's weekly wrap: picking resilient stocks in a volatile global market

Revolutionary inverter technology leads the clean energy charge

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News