MAY 2.86% 3.4¢ melbana energy limited

Yes, there have been a few holier than thou posters on here...

  1. 236 Posts.
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    Yes, there have been a few holier than thou posters on here gloating about how they have sold and locked in profits, then proceeded to down ramp with a view to getting back in. This is a risky stock and those who have timed their exits beautifully will occasionally get it right. Timing the market perfectly with profitable exits and re-entry across many stocks over longer time periods is not possible unless you know things you shouldn’t. Time in the market based on fundamentals will do as well or better with a fraction of the work, and I can’t be bothered with the record keeping. We will learn if May can convert to becoming a producer but they are certainly producing excitement as an explorer. I wouldn’t bet my house on them, but worth a significant play. In the O&G sector, I have not ever before come across so much bundled potential.
 
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Last
3.4¢
Change
-0.001(2.86%)
Mkt cap ! $114.5M
Open High Low Value Volume
3.6¢ 3.6¢ 3.3¢ $398.3K 11.51M

Buyers (Bids)

No. Vol. Price($)
11 2415300 3.3¢
 

Sellers (Offers)

Price($) Vol. No.
3.4¢ 356323 1
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Last trade - 14.59pm 01/07/2024 (20 minute delay) ?
MAY (ASX) Chart
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