MAY 3.03% 3.4¢ melbana energy limited

This is correct AP has pulled the wool over investors eyes...

  1. 397 Posts.
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    This is correct AP has pulled the wool over investors eyes making people believe there was a chance of light oil, little did they know all they are finding is black sludge. Totally uneconomical to get out of the ground, might as well plug and abandon at this point then shortly after delist from the ASX.

    The stock is dead in the water an absolute floater at this point and about to be flushed. Get out while you can cause this is heading South of 5c.
 
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