You know as well as I that the hurricane season went longer than expected this year. AP, you, me or God himself could not have predicted that. AP has had a run of bad luck. His luck must change soon enough; as will ours.
As for the tea leave readers on this one: they clearly have absolutely no idea. Fundamentals drive this stock. Once the fundamentals improve, so too will the stock price (regardless of little crayon marks on someone's chart).
IMO this week we will get an update. The later the better as it will provide more clarity and should hopefully confirm that supplies are either on the move or have arrived at the pad. This should improve confidence and underpin a recovery in the share price.
Kit
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- Ann: 2024 AGM Chairman Address and Company Presentation
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melbana energy limited
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8.33%
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2.6¢

Ann: 2024 AGM Chairman Address and Company Presentation, page-301
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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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