MAY 4.35% 2.2¢ melbana energy limited

Ann: 2023 Annual Report to Shareholders, page-14

  1. 8,378 Posts.
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    Day traders would not be happy having that time line. As far as risks yes plenty and a lot of people want to get rich overnight - some do, some have to just wait and some never do. Some put a lot of capital into a term deposit that only pays 4-5% annually - safe perhaps but pretty low returns - though one suspects many simply switch to the next 'big' thing.

    Don't know about 30c in the next 3-6 months but also doubt that in 3 years it will 'only' be 30c if things go to plan operationally. If MAY sp will only get to 30c in the said time frame - it is still very 'big' for some - plus never know, there may be 4-5% annual dividends??

    Some things are worth waiting for - risking for biscuits and all. Not advice, that's left for others. AIMO
 
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