MAY 4.35% 2.2¢ melbana energy limited

Ann: Zapato-1ST Drilling Update, page-208

  1. ces
    400 Posts.
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    while things are a little quiet for you folks,i want to tell you my experience....bought 10m of may at i cent each,when santos was doing a jv on beehive.(big fan of galagher)....santos did'nt proceed,and at the time, felt i was to lose 100%....enough buyers were there at .5cent,so i took it....as we all know ,may was as high as 17 cents..
    to this day,...i don't know whether i need to learn a lesson from this experience....without the benefit of hindsight,i still believe it was the right decision at the time...there was no positive news at the time....still hurts to miss converting 100 k's into 1.7m...c'est la vie?
    enjoy all you holders..
 
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