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5.26% 3.6¢ melbana energy limited

Ann: Alameda-1 Drilling Update, page-163

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  1. milz40
    437 Posts.
    lightbulb Created with Sketch. 24
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    29/03/22
    15:12
    Post #: 60494894
    Well I take my hat off to those that called the dip to the placement price. No matter what the reason for it it's still a very good lesson!

    Still doing 100% up on what we were 1 month ago but realistically can't see us approaching 20c again for a few more months. Shouldn't matter to LT holders. Considerably undervalued at this point given what we have in the ground. What I do admire is the no bs approach to AP commentary, admittedly a bit personable for company announcements but tells it like it is.
    MAY Price at posting: 13.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 11  Upvote
    lightbulb Created with Sketch.  Great analysis
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