MAY melbana energy limited
Add to My Watchlist 0.00% ! 2.2¢

Thanks for the advice your definitely on the ball how quickly...

  1. avthold04
    1,581 Posts.
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    28/04/25
    16:45
    Post #: 78827607
    Thanks for the advice your definitely on the ball how quickly they are tearing through the cash Flow

    31 March 25 Cash On Hand $7.5m Cash Calls from JV $18.4m
    31 Dec 24 Cash on Hand $9.6m Cash Calls from JV $19.4m
    30 Sept 24 Cash on Hand $9.6m Cash Calls from JV $21.5m
    31 Jul 24 Cash on Hand $12.2m Cash Calls from JV $27.4m

    At this rate they will run out of money in 15 months time, excluding management fee and any oil revenue.
    MAY Price at posting: 2.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch. 3  Great analysis
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Last
2.2¢ 		Change
0.000(0.00%) 		Mkt cap ! $74.14M
Open High Low Value Volume
2.2¢ 2.2¢ 2.1¢ $54.85K 2.558M

Buyers (Bids)

No. Vol. Price($)
1 410307 2.2¢
 

Sellers (Offers)

Price($) Vol. No.
2.3¢ 39900 1
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Last trade - 15.20pm 30/07/2025 (20 minute delay) ?
MAY (ASX) Chart
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