MAY 10.3% 3.2¢ melbana energy limited

Ann: Notification regarding unquoted securities - MAY, page-156

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  1. 7,902 Posts.
    lightbulb Created with Sketch. 1035
    Agree. 10.5-12.5, maybe. AP was happy to unload some at 10.5, so I guess that infers that he would be happy to cap raise (for the company, not just himself) at around that area. Remember, $3 billion company by the end of 2026 implies that the SP will need to increase 5 fold over the next 34 or so months (that kinda implies that the l/term average share price will need to climb circa 0.8 cents every month, or roughly 0.2 cents every week...).

    K.
    Last edited by Kit67: 08/02/24
 
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