MAY 6.67% 3.2¢ melbana energy limited

This Train at stoppin till 6.5 cents then express to 9.5 Cents - Stand Clear Please, page-157

  1. 9,901 Posts.
    lightbulb Created with Sketch. 3296
    Hi mate, if MAY confirm a commercial discovery inline with initial estimates a long term investment under 10c will be looked back on as great buying. All indications so far are pointing towards a better than expected outcome for this well but it’s still unproven as commercial, there’s still risk attached, hence the 7c share price. There have been some very sensible valuations put up at anywhere from 10-30c for a success case at Alameda-1 …..however, there is plenty of scope for this to increase over time as Block-9 would then become a very valuable piece of real estate. IMO.
 
watchlist Created with Sketch. Add MAY (ASX) to my watchlist
(20min delay)
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
View Market Depth
Last trade - 16.10pm 08/11/2024 (20 minute delay) ?
MAY (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.