MAY 11.5% 2.3¢ melbana energy limited

Ann: Block 9 Alameda 2 Increase in Net Pay, page-348

  1. rot
    36 Posts.
    lightbulb Created with Sketch. 5
    So when you plug the new net pay zone estimates into the VOGC spreadsheet (which at the most optimistic was 173 m - for all of Amistad) and obtain the value per share at the 30% of the total field valuation (following commercial flow rates), there is considerable disparity between current share price and the estimated share price. That is without A3 (and of course without Marti and without Alameda) and I believe with more conservative cut-offs. Can this be correct. Eagerly anticipating an update to the spreadsheet.
 
watchlist Created with Sketch. Add MAY (ASX) to my watchlist
(20min delay)
Last
2.3¢
Change
-0.003(11.5%)
Mkt cap ! $77.51M
Open High Low Value Volume
2.5¢ 2.6¢ 2.3¢ $124.0K 5.095M

Buyers (Bids)

No. Vol. Price($)
10 2808380 2.3¢
 

Sellers (Offers)

Price($) Vol. No.
2.4¢ 339712 5
View Market Depth
Last trade - 16.10pm 19/07/2024 (20 minute delay) ?
MAY (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.