Checking in to see how things are going. Quite a lot of comments picking up on the wording of the halt. The most similar halt in recent past on ASX:MAY that discussed a drilling programme ended up being just prior to calling total depth. In our case, the appraisal of A-2 might have finished and results might be announced concurrently.
source: https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02500294-3A589964?access_token=83ff96335c2d45a094df02a206a39ff4
source: https://www.asx.com.au/markets/trade-our-cash-market/announcements.may
Bearish because the results are probably not "gushers". But bullish because A-3 might be about to start.
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MAY
melbana energy limited
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2.6¢

Ann: Trading Halt, page-168
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Last
2.6¢ |
Change
0.002(8.33%) |
Mkt cap ! $87.62M |
Open | High | Low | Value | Volume |
2.4¢ | 2.6¢ | 2.3¢ | $70.57K | 2.958M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 183567 | 2.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.6¢ | 170778 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 183567 | 0.025 |
1 | 416666 | 0.024 |
2 | 581982 | 0.023 |
5 | 1082970 | 0.022 |
4 | 613000 | 0.021 |
Price($) | Vol. | No. |
---|---|---|
0.026 | 170778 | 7 |
0.027 | 181540 | 2 |
0.028 | 100000 | 1 |
0.029 | 166666 | 1 |
0.030 | 1472425 | 6 |
Last trade - 16.10pm 25/07/2025 (20 minute delay) ? |
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