MAY 5.26% 3.6¢ melbana energy limited

Ann: Trading Halt, page-18

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  1. 623 Posts.
    lightbulb Created with Sketch. 278
    Caught everyone out this....
    I agree, there is no way they are going cap in hand before Xmas and so close after previous , so it must be strategic.
    What worry’s me a little is recent SP increase over last week or so, surely we have not set a low ball figure ...
    With so much potential SP accretive triggers coming up , this is all very strange..
    Strategic placement related to Cuba at a premium ? 2cents ?
    Strategic placement at a discount ? 1.5 cents ?
    I cannot think logically of any other scenario ..
    Taken the wind out anyway, we were looking good f9r a decent spurt pre Xmas..
    If the wording and actions are right here, we may still get it...
 
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