MAY 3.45% 2.8¢ melbana energy limited

Ann: Successful $15m Placement to drive Block 9 Forward, page-224

  1. 270 Posts.
    lightbulb Created with Sketch. 156
    OK. Walk me through the logic of doing a "placement" (given some on here love semantics) before dropping that announcement?? You're fully funded for the drill program why not wait until after the flow tests when you can really juice the share price?? Why claim you'd only entertain an enticing offer 3 days before and then settle for that rubbish? Keen to hear these pearls of wisdom...
 
watchlist Created with Sketch. Add MAY (ASX) to my watchlist
(20min delay)
Last
2.8¢
Change
-0.001(3.45%)
Mkt cap ! $94.36M
Open High Low Value Volume
3.1¢ 3.2¢ 2.8¢ $281.7K 9.428M

Buyers (Bids)

No. Vol. Price($)
8 1096086 2.8¢
 

Sellers (Offers)

Price($) Vol. No.
2.9¢ 17857 1
View Market Depth
Last trade - 16.10pm 12/09/2024 (20 minute delay) ?
MAY (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.