Ann: MEL: Odin-1 gas discovery to be cased for production, page-9

Regal still selling I think - small consolation, but at least some explanation, as to the trading.

As discussed before, I am sure - Regal Funds Management. a hedge funds type, picked up their shares @ 6 cents, and had a predetermined strategy to subsequently sell, at a stag profit. Not an uncommon approach, at the time of company raisings.....but frustration for us retail investors.

Given the fantastic news since that raise - , I wonder of the possibility of the company finding a more committed buyer for the outstanding Regal shares. Although definitely most of the Regal shares would seem to be have sold anyway......and probably a bit late.

A guess might be 17 m shares left - given Regal still held 33 m on 25/3/2021.......another 3 m confirmed as being sold up to the 12th May. And a gross 16 million shares traded on the market until today.

.....it would be great if by chance soon, we see some sort of crossing for roughly this number of shares - it would mean Regal is out. I am sure the company are looking at the situation - but at any rate we should thankfully see the end of Regal soon. (MEL shareholders, I am sure would like to see this SP moving also). Adios Regal

It is just overall a rock solid wonderful share opportunity here - finding stocks like this don't come easy.

I look at dozens of ASX stocks each week - mostly like the John West TV add, they are a reject...but not this one. Sit back and enjoy how the company and SP evolve. MEL same situation.