MAY 6.67% 3.2¢ melbana energy limited

Ann: Drilling update at Alameda-1 - Significant Oil Interval, page-231

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  1. 2,336 Posts.
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    Some big volumes of share trading last few days, today 290 million and yesterday 270 million. Indicates a lot of new buyers coming into play, who will be looking at much higher exit prices, probably some big players getting set to ramp this up much higher with some good announcements. A lot of profit takers also selling, cashing-in on their 100-300% plus gains, which is positive as it alleviates the selling pressure. I beleive 30 cents will be achievable by the end of the drilling program, if everything goes to plan and announcements verify the indications of big oil resource of 250 million barrels plus.
 
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Last
3.2¢
Change
0.002(6.67%)
Mkt cap ! $107.8M
Open High Low Value Volume
3.1¢ 3.3¢ 3.0¢ $90.72K 2.927M

Buyers (Bids)

No. Vol. Price($)
7 1456582 3.0¢
 

Sellers (Offers)

Price($) Vol. No.
3.2¢ 1279469 5
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Last trade - 16.10pm 08/11/2024 (20 minute delay) ?
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