MAY
Click for more information
3.85% 2.7¢ melbana energy limited

this CR means no large upfront cash, if any, from the farmout,...

  1. JjJ3
    422 Posts.
    lightbulb Created with Sketch. 41
    clock Created with Sketch.
    19/09/18
    23:24
    Post #: 35712416
    this CR means no large upfront cash, if any, from the farmout, disappointing.
    the CR could also mean a cornerstone investor willing to give a large chunk, maybe on a convertible note with strike not too much higher than the SP now.
    could also mean a placement to soph insto/investor and CR to keep shareholders happy at 1.8c
    we could be over 2.5B shares on issue after this CR
    I don't see anything positive on this ann or CR
    MAY Price at posting: 2.1¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch. 2  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

NEWS Rate cuts, assassination attempts, gold, oil, AI – what to watch in USA this week
right-arrow Created with Sketch.
NEWS $11.1M capital raise secured – CEO leads $1M push to fast-track alzheimers trial
right-arrow Created with Sketch.
NEWS Outstanding metallurgical results significantly de-risk Mandilla gold project
right-arrow Created with Sketch.
NEWS Major high-grade gold discovery at Claw Project – promising results revealed!
right-arrow Created with Sketch.
EBR $50M capital raise to scale EBR’s WiSE® System – FDA approval expected in 2025
right-arrow Created with Sketch.
NEWS RDN: HotCopper's most discussed stock
right-arrow Created with Sketch.
watchlist Created with Sketch. Add MAY (ASX) to my watchlist
(20min delay)
Last
2.7¢ 		Change
0.001(3.85%) 		Mkt cap ! $90.99M
Open High Low Value Volume
2.7¢ 2.7¢ 2.7¢ $18.45K 683.5K

Buyers (Bids)

No. Vol. Price($)
1 50000 2.6¢
 

Sellers (Offers)

Price($) Vol. No.
2.8¢ 269722 5
View Market Depth
Last trade - 15.50pm 18/09/2024 (20 minute delay) ?
MAY (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.