Checking in to see how things are going. Quite a lot of comments picking up on the wording of the halt. The most similar halt in recent past on ASX:MAY that discussed a drilling programme ended up being just prior to calling total depth. In our case, the appraisal of A-2 might have finished and results might be announced concurrently.
source: https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02500294-3A589964?access_token=83ff96335c2d45a094df02a206a39ff4
source: https://www.asx.com.au/markets/trade-our-cash-market/announcements.may
Bearish because the results are probably not "gushers". But bullish because A-3 might be about to start.
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MAY
melbana energy limited
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Last
2.1¢ |
Change
-0.002(8.70%) |
Mkt cap ! $70.77M |
Open | High | Low | Value | Volume |
2.2¢ | 2.3¢ | 2.1¢ | $99.69K | 4.545M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
12 | 4904949 | 2.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.2¢ | 391546 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
12 | 4904949 | 0.021 |
9 | 2345998 | 0.020 |
4 | 489525 | 0.019 |
2 | 53000 | 0.018 |
1 | 1 | 0.017 |
Price($) | Vol. | No. |
---|---|---|
0.022 | 391546 | 1 |
0.023 | 2022896 | 4 |
0.024 | 1837939 | 9 |
0.025 | 1733416 | 9 |
0.026 | 932951 | 6 |
Last trade - 16.10pm 25/06/2025 (20 minute delay) ? |
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MAY (ASX) Chart |