MAY 3.13% 3.1¢ melbana energy limited

Block 9 $13.5 Billion for 20 years, page-139

  1. 11,664 Posts.
    lightbulb Created with Sketch. 1700
    I have a large holding in cnb too. But I can also make plenty of stocks that don’t go back to the cap raise (ffx just one example). Cnb is more than the market got used to hearing fast tracked news and big headlines. Now drilling has been quiet for a week or two and everyone panics. It’s also thinly traders so drops easily. I don’t think it has anything to do with the cap raise price. It went to 2.20 after the cap raise
    may is potentially a monster and is right in the thick of it de value accretive announcements. A 3% dilution won’t control the valuation at this point of this discover.
 
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Last
3.1¢
Change
-0.001(3.13%)
Mkt cap ! $104.4M
Open High Low Value Volume
3.1¢ 3.1¢ 3.0¢ $29.78K 986.3K

Buyers (Bids)

No. Vol. Price($)
13 1151258 3.0¢
 

Sellers (Offers)

Price($) Vol. No.
3.1¢ 367393 3
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