MAY 9.09% 2.0¢ melbana energy limited

Ann: Alameda-2 - Successful Flow Test of Lighter Oil to Surface, page-638

  1. 30 Posts.
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    Can someone please succinctly explain to me why the share price is tanking on extremely positive news that seemingly confirm that the company will be able to extract and produce tonnes of free flowing relatively light oil and supply it to an energy striken nation in the short term?
 
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2.0¢
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-0.002(9.09%)
Mkt cap ! $67.40M
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2.1¢ 2.2¢ 2.0¢ $22.97K 1.106M

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No. Vol. Price($)
14 1985991 2.0¢
 

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Price($) Vol. No.
2.1¢ 360358 2
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Last trade - 16.10pm 06/09/2024 (20 minute delay) ?
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