MAY melbana energy limited

Ann: Block 9 Alameda 2 Appraisal Update, page-733

  1. 3,626 Posts.
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    AS TC noted, I have locked in until after the 12th September for cgt as all of my holding has come from option conversion.
    I don’t believe the market has this right. I think the upper sheet is a valuable and lucrative asset. The sell off is a reflection of short term players in a company 95% retail held.
    The sell off has increased the risk for Al3. This is not logical as the upper sheet value underpins the value but the SP is now more likely to remain subdued and be highly sensitive on the downside to anything less than exceptional from Al3.
    At times like this one needs to take a hard look at your investment strategy. Do you allow yourself to be intimidated by the background chaos or do you adhere to what you believe are fundamentals, whilst acknowledging risk is higher. I did predict a slow burn with volatility. I am well rewarded with substantiation.
 
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(20min delay)
Last
2.2¢
Change
-0.001(4.35%)
Mkt cap ! $74.14M
Open High Low Value Volume
2.3¢ 2.3¢ 2.2¢ $39.98K 1.759M

Buyers (Bids)

No. Vol. Price($)
11 3120380 2.2¢
 

Sellers (Offers)

Price($) Vol. No.
2.3¢ 207741 5
View Market Depth
Last trade - 16.10pm 20/06/2025 (20 minute delay) ?
MAY (ASX) Chart
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