MAY 0.00% 3.2¢ melbana energy limited

2 cents here we come!, page-18

  1. 623 Posts.
    lightbulb Created with Sketch. 278
    Well if they do they better be smart and get this show on the road for Oppie strike.
    Note the last 2 trading days, SP has fallen back on low sell as last trade both times.
    Someone has vested interest to stall forward movement here as has Been evident for a while now.
    This is a big test for management of this company, they sold that CR with a confident proclamation of forward 2 cent oppies being available and attractive as an added incentive to shareholders to commit funds at the raise time. Many of us bought that .
    If Oppies are struck , it would give us afurther financial boost without the need for anything other at this time ..
    They have 2-3 weeks to show their metal here, these oppies are not out of reach by any means but they bloody well need momentum and positive injection of news, sentiment and enthusiasm in a short space of time.
    I would be acutely critical of our board if they simply did nothing to maximise the viability of these oppies to shareholders who may be considering to exercise their strikes if the Sp reached 2 cents.

    Surely something new must have happened in New Zealand. Even if it’s only to advise how many barrels we have sold, we were advised the oil produced in the flow test was trucked away for sale, yet we have no information at all since then.

    Big month coming up IMO.
 
watchlist Created with Sketch. Add MAY (ASX) to my watchlist
(20min delay)
Last
3.2¢
Change
0.000(0.00%)
Mkt cap ! $107.8M
Open High Low Value Volume
3.0¢ 3.2¢ 3.0¢ $25.49K 821.9K

Buyers (Bids)

No. Vol. Price($)
3 114224 3.1¢
 

Sellers (Offers)

Price($) Vol. No.
3.2¢ 1202757 5
View Market Depth
Last trade - 16.10pm 11/11/2024 (20 minute delay) ?
MAY (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.