MAY 0.00% 2.2¢ melbana energy limited

Interesting to watch the dynamics at play here. Big SP move...

  1. 872 Posts.
    lightbulb Created with Sketch. 235
    Interesting to watch the dynamics at play here. Big SP move yesterday and profit taking today for sure, also some de-risking. All comes when logging news is expected in the next 36-48 hrs. Add in the expectation of hitting the primary target in a week or so and you must ask why? The well has exceeded all expectations to date and the likelihood now of another long oil show in Alameda must be almost certain. So why dump and run??? Will be fascinated to see who the real winners will be here. The dumpers or those holding until the well is complete.
 
watchlist Created with Sketch. Add MAY (ASX) to my watchlist
(20min delay)
Last
2.2¢
Change
0.000(0.00%)
Mkt cap ! $74.14M
Open High Low Value Volume
2.2¢ 2.4¢ 2.2¢ $21.22K 931.2K

Buyers (Bids)

No. Vol. Price($)
16 3584481 2.2¢
 

Sellers (Offers)

Price($) Vol. No.
2.4¢ 1992649 11
View Market Depth
Last trade - 15.44pm 30/08/2024 (20 minute delay) ?
MAY (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.