MAY melbana energy limited

~250 b/d ? heavy-crude ... door to ~0.010 maybe wide-open ... or, page-95

  1. 1,543 Posts.
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    Wouldn't be waiting a couple of months if currently on the sidelines. Market (Traders) not expecting any further news before AP returns from Xmas/New year breakup on 7th Jan.

    From Mid Jan onwards going to get the results of the A2 remediation, first of 2 new production wells to commence (remember on took 30 days to reach A2 MD on previous occassions). Market will react on inital output of BOPD well before the 250,000 bo departs.

    As such more than happy to be holding/buying now at .025c, than buying in at .05c or higher.
 
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(20min delay)
Last
2.2¢
Change
-0.001(4.35%)
Mkt cap ! $74.14M
Open High Low Value Volume
2.3¢ 2.3¢ 2.2¢ $39.98K 1.759M

Buyers (Bids)

No. Vol. Price($)
11 3120380 2.2¢
 

Sellers (Offers)

Price($) Vol. No.
2.3¢ 207741 5
View Market Depth
Last trade - 16.10pm 20/06/2025 (20 minute delay) ?
MAY (ASX) Chart
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