MAY 4.35% 2.2¢ melbana energy limited

Ann: Organisational Changes, page-173

  1. 11,309 Posts.
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    i dont consider the token purchases to be price relevant, not sustainably anyway. If it was a few hundred grand yes. Compared to what they all sold, it is extremely minimal. I see it as a gesture of goodwill... not a price influencing event (hence why the price is the same as it was pre those announcements). Same with the exploration manager and legal counsel. Potentially good, but who knows. Lots of ways to explain this positively and negatively actually.
    We both know, regardless of how much garbage you spin using lots of wasted words, the only thing that matters is the appraisal. And short of a takeover off... which we can both agree is very unlikely at this stage, very little news can land until then that will help our price.

    Not to say the price cant just go up for no reason , it can.
 
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