Melbana senior staff have been in discussions with numerous parties arranging contracts to sell whats produced and to fund future development, etc.
Chris McKeown is highly experienced and was specifically employed to commercial these assets on a high salary and incentives.
I don't believe the parties they have been talking too care to much aboiut Melbana;s current share price, not forgetting Melbana interest is only 30%.
Have to also take into account daily turnover has only exceed 20m shares once since 31 August 2023 - would need 165m shares to acquire 5% of Melbana - you could currently buy 20m shares on market upto 19 cents. AS such current SP is of no indication of any potential takeover bid, investment, partial sale, etc,.
- Forums
- ASX - By Stock
- Ann: Block 9 - Maiden Contingent Resources
Melbana senior staff have been in discussions with numerous...
- There are more pages in this discussion • 302 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add MAY (ASX) to my watchlist
(20min delay)
|
|||||
Last
4.9¢ |
Change
-0.004(7.55%) |
Mkt cap ! $166.8M |
Open | High | Low | Value | Volume |
5.3¢ | 5.3¢ | 4.8¢ | $348.3K | 6.954M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 40000 | 4.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.0¢ | 629942 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
11 | 1108273 | 0.048 |
7 | 1412600 | 0.047 |
5 | 388111 | 0.046 |
6 | 1116169 | 0.045 |
3 | 132500 | 0.044 |
Price($) | Vol. | No. |
---|---|---|
0.050 | 229942 | 2 |
0.051 | 437535 | 1 |
0.052 | 726930 | 6 |
0.053 | 325602 | 4 |
0.054 | 704203 | 3 |
Last trade - 14.15pm 13/05/2024 (20 minute delay) ? |
|
|||||
Last
4.9¢ |
  |
Change
-0.004 ( 5.77 %) |
|||
Open | High | Low | Volume | ||
5.2¢ | 5.2¢ | 4.8¢ | 1975805 | ||
Last updated 14.27pm 13/05/2024 ? |
Featured News
MAY (ASX) Chart |
The Watchlist
MGU
MAGNUM MINING AND EXPLORATION LIMITED
Neil Goodman, MD
Neil Goodman
MD
SPONSORED BY The Market Online