MAY melbana energy limited

Ann: Block 9 Alameda 2 Appraisal Update, page-698

  1. 8,407 Posts.
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    Dear@Roch2077 (and others reading his/her/their reply):

    The comments here regarding the "quality of oil and trying to sell it to the market" demonstrate a complete lack of knowledge about the local field, the local market, and the refining/upgrading costs. It also shows that he/her/they have not read the company announcements and/or simply don't understand them. I suggest you all ignore these attempts to downramp this stock. The poster only has the intention to trick you into migrating your hard-earned wedge from MAY to that other stock (I*Z) which is a wildcat oilers operating in a less-than desirable location. With a little bit of research you can save yourself a whole lot of pain.

    MAY was undervalued two weeks ago (at 10 cents) and is now vastly undervalued as traders ran out of patience and wanted an immediate sugar-hit from A2. This didn't happen. Reality did. Those traders will be back - in droves - when A3 spuds. You mark my word.

    Put the I*Z gaggle on ignore, and exercise patience. I won't be responding to that crew again today, so their response is hitting zero resistance as it flies across the room and out the window.

    Have a nice day all.
    Kit.


 
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(20min delay)
Last
2.2¢
Change
0.000(0.00%)
Mkt cap ! $74.14M
Open High Low Value Volume
2.2¢ 2.2¢ 2.2¢ $3.329K 151.3K

Buyers (Bids)

No. Vol. Price($)
23 4721455 2.2¢
 

Sellers (Offers)

Price($) Vol. No.
2.3¢ 1282533 4
View Market Depth
Last trade - 09.59am 24/06/2025 (20 minute delay) ?
MAY (ASX) Chart
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