MAY
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4.35% 2.2¢ melbana energy limited

Don't Sell Your Shares Cheap, page-389

  1. Bertie07
    238 Posts.
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    26/03/22
    17:06
    Post #: 60442632
    With 3 billion shares on issue earnings per share will be under a lot of pressure. A lot of things with the current 3 reservoirs and Zapato and successful commercialisation to follow have to go right to support share growth obviously. In terms of market cap however a hopeful future SP of say $1, a figure of 3 billion only makes Melbana a mid cap company in international terms.
    MAY Price at posting: 15.5¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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2.2¢ 		Change
-0.001(4.35%) 		Mkt cap ! $74.14M
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2.2¢ 2.3¢ 2.2¢ $7.11K 323.2K

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