IMO there's no chance MAY will go up off its current intra-day low of 6.1 cents up 33% ie up to 8.1 cents based on the next announcement.
But whether it can get back up to 11.0 cents by the end of this year depends on the results of drilling of A-3.
Aside from that unfortunately I think we've seen the low in this current cycle, at 6.1 cents. Certainly that maybe a premature call, but my feeling is that the bigger traders have managed to push the share price way below what they could imagine, and it has opened up the opportunity for us retail investors in building bigger positions.
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- Ann: Block 9 Alameda 2 Appraisal Update
MAY
melbana energy limited
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4.35%
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2.2¢

Ann: Block 9 Alameda 2 Appraisal Update, page-760
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Last
2.2¢ |
Change
-0.001(4.35%) |
Mkt cap ! $74.14M |
Open | High | Low | Value | Volume |
2.3¢ | 2.3¢ | 2.2¢ | $39.98K | 1.759M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
11 | 3120380 | 2.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.3¢ | 207741 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
11 | 3120380 | 0.022 |
5 | 1001617 | 0.021 |
5 | 1620998 | 0.020 |
2 | 252684 | 0.019 |
1 | 25000 | 0.018 |
Price($) | Vol. | No. |
---|---|---|
0.024 | 295075 | 5 |
0.025 | 2367620 | 13 |
0.026 | 2083723 | 8 |
0.027 | 204000 | 2 |
0.028 | 100000 | 1 |
Last trade - 16.10pm 20/06/2025 (20 minute delay) ? |
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MAY (ASX) Chart |