MAY 13.6% 2.5¢ melbana energy limited

Ann: Block 9 Alameda 3 Appraisal Update (Alameda reservoir), page-78

  1. 211 Posts.
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    O&G technical issues..it happens... narrative suggested all good. quite surprised actually. my bad..interpreted last Ann. positively.

    I now have an issue with the board with the consistency of similar announcements and informing shareholders in a normal and consistent manner... good governance is paramount.

    I am asking the ASX and MAY for the identity of the seller of 1.83m shares at 5.8c half hour before the announcement as well.

    despite this setback...tough call but sold some runners to buy MAY at low 3s. massively oversold IMHO. stop-losses being hit and uninformed punters exiting... opportunity for others. no harm.. no foul. to each their own.

    it's your journey.. wish you success
 
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