MAY 4.35% 2.2¢ melbana energy limited

General discussion, page-490

  1. 3,468 Posts.
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    ppl think if we hit a certain target it 10cents ppl will start selling, i think majority will be holding for appraisal results and flow test and immediate production, yes there may be a few short term holders/traders that will play the market but the more and more ppl that hold for these results the smaller the pool of shares will be,

    most know the story so IMO will be holding for the foreseeable future meaniong this will tighten up and preceed higher and higher then results (if good) will get us into 20-40cent range when sellers will come out IMO but then we could be ripe for a take over offer which im thinking will be in the range of 40-$1 depending on flow results
 
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2.2¢
Change
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Mkt cap ! $74.14M
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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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