MAY 0.00% 3.2¢ melbana energy limited

Ann: Block 9 Alameda 2 Appraisal Update, page-601

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  1. 374 Posts.
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    Every single time (and there have been many now) since the great “Globally Significant Discovery” announcement nearly 18 months ago, when it appeared that MAY would finally come into its own and prove all the doubters wrong, they manage to snatch defeat from the jaws of victory. Yesterday was just another example in the long list.

    Is it safe to go back in the waters? At this point I really have no idea whatsoever. For longer term holders, theres always lots of talk about averaging down and a great opportunity to buy more after the latest bad or mixed news, however that’s been the sentiment for nearly 18 months. At some point you either run out of capital for all the amazing opportunities to top up or you cut your losses or hold and pray.

    There are plenty of every category on show in the MAY threads.
 
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