MAY 9.52% 2.3¢ melbana energy limited

Ann: Drilling of Zapato-1 exploration well commenced, page-91

  1. 17,793 Posts.
    lightbulb Created with Sketch. 1650
    ''Unless someone can explain why else we suddenly have millions diving into the 10 queeu, the 9,9 queue etc.''

    Yes...it's called more sellers than buyers and it happens in lots of stocks

    Now the fact that you want to delude yourself into believing that every time the stock falls it's because '' the big boys are tree shaking or accumulating'' or whatever other nonsense term you choose to comfort yourself, doesn't mean that's the reality

    The bottom line is the market is incredibly volatile and nervous and is marking down stocks at every opportunity.

    For all the wonders that AP is supposed to have achieved, the company is actually yet to pin down a viable resource and still has a very high market cap



 
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Last
2.3¢
Change
0.002(9.52%)
Mkt cap ! $77.51M
Open High Low Value Volume
2.2¢ 2.3¢ 2.2¢ $83.23K 3.644M

Buyers (Bids)

No. Vol. Price($)
5 310691 2.2¢
 

Sellers (Offers)

Price($) Vol. No.
2.4¢ 3542587 7
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Last trade - 16.10pm 16/08/2024 (20 minute delay) ?
MAY (ASX) Chart
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