MAY 0.00% 3.6¢ melbana energy limited

Ann: Alameda-2 - Successful Flow Test of Lighter Oil to Surface, page-173

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  1. 7,896 Posts.
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    Trade rates have slowed in the past hour, but should pick up in the afternoon. Expecting volume circa that 160mm area, which should see a close about 10.0 bid (would not be surprised to see it close on the high). Once the broader market (big end of town) absorbs this overnight, we should then see higher tomorrow.

    Zero reason this won't go up from here. Vastly undervalued, with strong fundamentals.

    Kit.

 
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