MAY melbana energy limited

Ann: Change of Directors Interest - A Purcell, page-102

  1. 4,334 Posts.
    lightbulb Created with Sketch. 1218
    I don't get why peeps don't get this? Why is this even a debate??

    why sell on mkt to fund xxx?? Ceo sells every flamboyant on here (u know the deviants) cry foul (the world of oil is endingtongue.png). Next, why sell something at mkt that u KNOW is worth multiples more?? But you want the ca$h now. Easy, loan on it because now you can (banks willing to accept it as collateral so it's been derisked massively) and obtain cash now but hold on to the future upside that you know is coming. This is a strong BUY signal to me. Each to their own.

    this is not an URW situation (mr buillionaire frenchman engaged in all forms of complex swaps n loans to short sell his own stock)....this is a simple equity extraction strategy while retaining ownership for future upside. Clear as day.

    let's move on.

    Now how do I lend out mine so I can double rolleyes.pngcool.png
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
2.3¢
Change
0.002(9.52%)
Mkt cap ! $77.51M
Open High Low Value Volume
2.2¢ 2.3¢ 2.1¢ $62.26K 2.871M

Buyers (Bids)

No. Vol. Price($)
1 909090 2.2¢
 

Sellers (Offers)

Price($) Vol. No.
2.3¢ 931186 2
View Market Depth
Last trade - 16.10pm 27/06/2025 (20 minute delay) ?
MAY (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.