MAY 6.67% 2.8¢ melbana energy limited

Ann: Block 9 Alameda 3 Appraisal Update (Alameda reservoir), page-144

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  1. 28 Posts.
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    Interestingly on the matter of ASIC not wanting a bar of this issue, this is simply not true. Joe Longo, the Chair of ASIC, used to be a client of mine (very recently) and I fully intend to approach him directly via his personal email with respect to this matter.

    What has been happening here, especially across the two most recent negative sentiment announcements, is not appropriate whatsoever. Andrew Purcell is an Investment Banker at his core and as such he knows exactly how the market reacts to particular words provided in announcements and no doubt still has friends still in the investment space. To rule the 5-10% drops in share price just prior to a negative announcement as coincidental is complete folly. Fool me once and all...
    Last edited by Tjoobie: 27/06/24
 
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