MAY 4.35% 2.2¢ melbana energy limited

Ann: Melbana Energy in Cuba, page-193

  1. 3,694 Posts.
    lightbulb Created with Sketch. 1089
    well - its not a bad idea.....no material news for a while, we could drive the price down easily to 3c and buy back when it collapses for an easy 25-40% more shares than our current holding, depending on just how low she goes....the snowball affect will do the work for us...

    if we cant win on the way up, lets win on the way down. thats what i suspect happened a few weeks ago.....(OPEN, HIGH, LOW, CLOSE)
    https://hotcopper.com.au/data/attachments/6178/6178181-650306b3eccea3edee7e5e0187b9416d.jpg


    30m traded that day, recall it was only at about ~5m at lunch confused.png....well ive got near double that so could shred the price easily if dumped in one go.....funny how just on that day, 30m vol, vs avg 3-4m every other day rolleyes.png, yet, typical AP - we get a nothing to see here notice (YEAH RIGHT!), but any mug can put two and two together and deduce the drilling failures (again) must have occurred around that day ....

    tempted. ' very.

    not a bad way to increase the free carry....rolleyes.png

    A used car salesman can do a better job than AP - he needs to go. His disdain for holders post the last AGM is growing by the day and thinks his 240m shares can protect him.....cant wait for the agm....it'll be fun sneaky.png.

    CEOs of drilling wannabees are doing better jobs promoting their useless acres than a CEO of a globally significant onshore discovery!! while I appreciate that techie preso's to the industry matter, geek talk rarely 'lifts up the skirts' but its the CEOs manadate to promote and market their companies and nothing he's done has been remotely praiseworthy to score him a date, let alone get him to 1st base.

    time to go AP. im over your countless failures.
    lets recap:
    - comms epic FAIL
    - timelines. FAIL
    - accountability. FAIL
    - presos - FAIL (defers to others)
    - timeline explanations or revisions = none FAIL
    - SP perormancef FAIL
    - market information FAIL
    - Instos on register FAIL
    - Expanded team yet only 1 rig, no update on regulatory, operational etc in almost 6 months FAIL
    - dodgy share purchase loans FAIL

    list goes on and on....the only updates that come thru are chinese whispers on a HC forum!!! FAIL!!!

    time to show him the door.

 
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