MAY 0.00% 3.5¢ melbana energy limited

Ann: Block 9 Alameda 2 Appraisal Update, page-297

  1. 266 Posts.
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    Perhaps. I mean at the end of the day the only thing that matters is what the market thinks. I think that (in hindsight) there were just too many expecting something that was almost never going to happen (much lighter and highly pressured oil in this upper sheet section) and when it didn't materialise then the eject button got pushed. Once that happens some stops get triggered and the contagion kicks in a bit. Oh well, they just need to get cracking with A3 now. No doubt the punters will come flooding back in the lead up to that one.
 
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