MAY melbana energy limited

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2.3¢

Agree would rather SM at the helm than AP. Certainly hasn't been...

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steve3110

693 Posts.

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21/11/22

17:53

Post #: 64900683
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Originally posted by jakspara: ↑

”their MD” is leagues above, IMO, hence my 5 x investment there, there’s no comparison whatsoever. Ironically, I bailed out here 4ish years ago and invested it all “there”, when the leadership shuffle was happening here, I’m still very cautious and apprehensive about it….I’ve invested a small amount purely for the resource. While “their MD” lacks experience on the corporate side (and yes there’s been concessions and dilution as a result) he is by far the most honest, straight shooting, astute, technically savvy MD I’ve had the pleasure of being invested with. Approachable and always willing to face shareholders with the tough questions, there’s no ducking and weaving, he’ll cop it sweet and give you the honest answer. “Almost running out of money”, not true, he’s run the company on an oily rag and is very conservative with spending. “Crap register”, could be better sure, but I certainly wouldn’t be making comparisons with MAY, who’s register is in far worse shape. “Leaky ships”…..if you’re following along, that was proven to be absolute nonsense conjured up by nervous shareholders (and a couple of T20 dumping ahead of results). “Opaque jurisdiction”, very similar to Cuba, in fact, one could argue that a gas project in an energy starved continent is a smart move. Make no mistake, while there has been a little luck involved, for the most part what we are witnessing is purely due to “their MD’s”, tenacity, technical abilities and over a decade of hard work.

DYOR, IMO.

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Agree would rather SM at the helm than AP. Certainly hasn't been luck either. The guy is a straight shooter, sure elements could have been handled better but from a technical front the guy is sound. Im holding both, MAY will come through.

MAY Price at posting: 4.1¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 2.3¢		Change 0.000(0.00%)		Mkt cap ! $77.51M

Open	High	Low	Value	Volume
2.3¢	2.3¢	2.3¢	$8.953K	389.8K

Buyers (Bids)

No.	Vol.	Price($)
1	13136	2.3¢

Sellers (Offers)

Price($)	Vol.	No.
2.4¢	2045284	6

View Market Depth

No.	Vol.	Price($)
1	13136	0.023
10	1055225	0.022
10	4016648	0.021
7	1320998	0.020
5	1936841	0.019

Price($)	Vol.	No.
0.024	2045284	6
0.025	534589	5
0.026	171197	4
0.027	181540	2
0.028	100000	1

Last trade - 14.39pm 11/07/2025 (20 minute delay)

MAY (ASX) Chart

Agree would rather SM at the helm than AP. Certainly hasn't been...

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Agree would rather SM at the helm than AP. Certainly hasn't been...

Top Stories

'Opens doors': Li-S Energy the first Oz company to produce lithium metal foils

Inside the depths of Panasqueira: A legacy carved in rock

HotCopper Highlights: RIP to Botanix (for now); Droneshield new ATH; Trigg mystery halt

Listen: HotCopper Wire Podcast 017 – RBA holds the toppings

Rare earths stocks surge as Pentagon buys big stake in US REE miner

'Big tick': Viridis positions for global leadership with Colossus pre-feasibility study

Antilles brings Chinese ally on board to keep Neuva Sabana work chugging on

Week 28 Wrap: Tariff chaos back for some reason; CBA holds strong

Carawine faces Fraser Range JV collapse as IGO moves to scrap partnership

Trump just dropped a 200% tariff bomb. Here's how to cash in

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News