MAY 4.35% 2.4¢ melbana energy limited

Nah it’s not me that says it it’s the fact that the past 3 years...

  1. 10,189 Posts.
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    Nah it’s not me that says it it’s the fact that the past 3 years production and output has fallen by 50 percent. Exports have fallen dramatically as well. Cuban oil has no demand and doesn’t matter if you have a billion barrels of a product that you can’t sell for dollars and profit the value of the company is shot and now it’s get in early for spud and sell on the pump. The investors like A2 that are stuck all at 8-9 cents waiting to exit were dumped on by a significant amount of posters on this forum trying to educate on and pump on a product with no demand funny


    https://hotcopper.com.au/data/attachments/5806/5806912-d832e2973b4c0f70513ed2ef36be3f60.jpg

    Last edited by Roch2077: 10/12/23
 
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