Australia's largest stock trading and investment forum Australia's #1 stock forum

MAY

Click for more information

18.2%

3.9¢ melbana energy limited

Ann: 2023 AGM Presentation, page-162

First 162 Last

Share
Profile

Follow
Brightoil

5,065 Posts.

788

20/11/23

17:02

Post #: 71002452
Share

Originally posted by Brightoil: ↑

Right guys time to let it go and look forward and recap why i bought 5.5m shares on this baby. Like it or not but 6.5c is where we are but a full rebound has started. They will be a day to day trending rise.

1) AP has been taught a lesson by us folks. No performance shares granted . He will listern to us now
2) 30 billion barrels oil in place
3) A2 oil flows. Production was a bonus
4) A3 massive appraisal beckons and A3 is huge
5) Daniel resource upgrade beckons for size of a2 and a3
6) Daniel resource upgrade of block 9. Which we only drilled 2% of.
7) The TA chartist are swarming here indicative its worth more than its valued
8] Beehive finally drilling 2024
9] AP stared he wants this to become a billion dollar company in 3 years. I think he's wrong we are already worth a billion dollars but so undervalued .
10) lastly we are devoid of daily pumpersand the surviving herd realises that patience needed

6.5c my foot. I stand committed. Disgruntle gone and full of brightness knowing us small guys made an impact to not reward for not performance

Expand

Todays drop is ivz hokders bailing as that companys full of gas whereas we have flowing oil. MAY derisked .
prob ivz holders bailing out of MAY to pay for IVZ lose

MAY Price at posting: 6.3¢ Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

Reply

Top Stories

COD

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

ACW

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

HAS

Hastings progressing Yangibana to production with lower costs

The iron ore comeback: Can it last?

ZNC

Zenith's sale of Develin Creek delivers $975K cash, with shares up 13%

There are more pages in this discussion • 10 more messages in this thread...

First 162 Last

Add MAY (ASX) to my watchlist

(20min delay)
Last 3.9¢		Change 0.006(18.2%)		Mkt cap ! $131.4M

Open	High	Low	Value	Volume
3.3¢	4.1¢	3.3¢	$502.2K	13.53M

Buyers (Bids)

No.	Vol.	Price($)
1	20000	3.8¢

Sellers (Offers)

Price($)	Vol.	No.
3.9¢	1589482	5

View Market Depth

No.	Vol.	Price($)
1	20000	0.038
4	561027	0.037
9	1698375	0.036
2	342857	0.035
4	79589	0.034

Price($)	Vol.	No.
0.039	1589482	5
0.040	1282173	7
0.041	522375	6
0.042	716745	3
0.043	838284	5

Last trade - 16.10pm 30/09/2024 (20 minute delay)

MAY (ASX) Chart