MAY 4.35% 2.2¢ melbana energy limited

MAY Takeover, partial sale. or buy in, page-15

  1. 5,034 Posts.
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    As discussed many times, the share price hibernates as the rig is on Rest and Recuperation. This is a time of accumulation. It might even trickle up to the teens slowly just before we gush. I am displeased with Andrew so far and note he has a shitelot of shares (prob free allocated) but he stands to lose a lot if he doesn't perform.

    In between, it is a dangerous time to think about all the impending disaster negative scenario, no flow, heavy API esp when the price is low. This are all negative feelings not based on any real substantive fact. The only substantive fa ct is we found a 6. 4blion resource Almight Alameda resource (not that bitcoin disaster)
    An oil and gas speccie goes mostly down then on the whiff of discovering flowing oil it can spike.

    I say just accumulate from these lows and dont let yout mind wonder. I expect this babe will shine and do well next year.

    This IMO is a low rise great value 6.4billion barrel on place oiler. Just watch the rise soon.
    Last edited by Brightoil: 30/11/22
 
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Last
2.2¢
Change
-0.001(4.35%)
Mkt cap ! $74.14M
Open High Low Value Volume
2.4¢ 2.4¢ 2.1¢ $444.7K 19.98M

Buyers (Bids)

No. Vol. Price($)
3 2048367 2.2¢
 

Sellers (Offers)

Price($) Vol. No.
2.3¢ 1402823 5
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Last trade - 16.10pm 12/07/2024 (20 minute delay) ?
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