MAY
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6.25% 3.0¢ melbana energy limited

May Train 5.8 cents express to 17 cents-stand clear please, page-7

  1. James7821
    917 Posts.
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    28/10/22
    16:06
    Post #: 64462144
    A fair EV/2P on MAY should be about $5 - and we are expecting mean case of 119m barrels = $600m cap or >3x here. That's just the upper sheet, not even our primary target. This is likely to triple if we get more oil in the other two sections.

    I am not selling here. I will sell when there's good news, and buy when there's bad news.
    MAY Price at posting: 5.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch. 2  Great analysis
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Last
3.0¢ 		Change
-0.002(6.25%) 		Mkt cap ! $101.1M
Open High Low Value Volume
3.1¢ 3.1¢ 2.8¢ $248.3K 8.453M

Buyers (Bids)

No. Vol. Price($)
4 750509 2.9¢
 

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Price($) Vol. No.
3.0¢ 24364 1
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