MAY 3.13% 3.1¢ melbana energy limited

May Chart, page-370

  1. 11,664 Posts.
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    Must say I’m surprised at the resistance 16c is providing. With what we have I feel this is very undervalued now and likely extremely undervalued if we hear what we think/hope to in the weeks ahead. With the cap raise issues gone, I thought we might be back into the high teens by now, but there is definitely some supply that has picked 16 as it’s place.
 
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