MAY
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15.6% 5.6¢ melbana energy limited

Takeover Talk

  1. bond5
    12 Posts.
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    24/07/23
    00:11
    Post #: 68936467
    Can those with experience with company takeovers explain the advantages of a takeover.
    Would May only sell the wells drilled or all of block 9? For me Block 9 is to valuable undeveloped asset and with 3D seismic could return untold wealth to May share holders for many years to come . Oil will be needed for many years therefore I would prefer to see joint ventures rather than a fire sale of assets.
    MAY Price at posting: 9.8¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 14  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

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