MAY 6.06% 3.1¢ melbana energy limited

Agree!I don't know where I got the idea from, but I thought the...

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  1. 890 Posts.
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    Agree!

    I don't know where I got the idea from, but I thought the 'Placement' was going to one party. It's transpired now that it is really a Capital Raising to a range of Institutions.

    And for all those who are saying and are going to say this is just a 'temporary pullback' have a think about this:

    The allocations went out to Institutions at 12cents. Do you really believe any other Institution is going to readily pay more than 12 cents now ?
 
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