MAY 6.06% 3.5¢ melbana energy limited

Ann: Response to ASX Query, page-150

  1. 11,287 Posts.
    lightbulb Created with Sketch. 1585
    possibly whomever has been suppressing the price for so long realised they couldn’t screw any more supply out at that 6ish level and let it go. But now they want to try it all again and see what they can get out circa 8 or sub 8? I’m sure they didn’t just decide they had enough and it was a free market again… of course not. Sophisticated accumulation that likely won’t stop until we are off and gone into the teens (with more knowledge on Zapato and alameda)… but until then the games are still clearly in play.
    wonder how many they scare out here and how low.
 
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