MAY 4.65% 4.1¢ melbana energy limited

This is what happens over time when you get stuck on a stock...

  1. 2,164 Posts.
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    This is what happens over time when you get stuck on a stock waiting for production impatience / frustration. The 2 cent to 20 cent ride is over for now and it's all been slowly regressing.

    Rightly or wrongly I sold down 50% of my holding gone on to lower market cap stocks a Goldie for $30m
    which I think will begin production mobilisation later
    this year on finance and a oil and gas producer $5m market cap versus $250m odd swayed me risk vs reward of course MAY could explode in the next month or so but just unsure on the Cuba factor could be looking at a longer SP increase definitely around the time the Alameda and Marti zones are encountered we should see some speculation creep in. When they get a Amistad campaign underway she should heat up $$$

    If I'm lucky my two new prospects will be up and I can rebuy my original stake or more.
 
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Last
4.1¢
Change
-0.002(4.65%)
Mkt cap ! $138.1M
Open High Low Value Volume
4.2¢ 4.3¢ 4.1¢ $184.4K 4.395M

Buyers (Bids)

No. Vol. Price($)
11 946604 4.1¢
 

Sellers (Offers)

Price($) Vol. No.
4.2¢ 250000 1
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Last trade - 16.10pm 21/06/2024 (20 minute delay) ?
MAY (ASX) Chart
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