Australia's largest stock trading and investment forum Australia's #1 stock forum

MAY

Click for more information

0.00%

3.0¢ melbana energy limited

Big plays = big pays. Been there, done that, but always with...

First 366 Last

Share
Profile

Follow
Oriax5

189 Posts.

37

13/04/23

15:31

Post #: 67258728
Share

Originally posted by Feral54: ↑

Just to set the ledger straight I converted 20m options at 3.5c, which cost me $700k direct from my bank account to MAYs. In actual paper losses since peak it’s well over a $1m since peak. All MAY sh have taken a big hit as a result of the choice to pursue exploration over production. Currently Mx seem neutered, we are a sitting duck for a low ball takeover. Production is king. I have long been an advocate for this and I don’t think my 700k has been put to good use. Not a whinge, just a factual account.

Expand

Big plays = big pays. Been there, done that, but always with many frustrations along the way. Playing big here too, but not quite as big as you. Best of luck to both of us.

MAY Price at posting: 6.0¢ Sentiment: Buy Disclosure: Held
13 Upvote

0 Great analysis

Reply

Top Stories

JDO

Timing will be everything for 'smashing' Hot Stock tip Judo Capital Holdings

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

HVN

Harvey Norman may appeal ASIC Federal Court case – the third lawsuit on its plate

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

RBA holds rates as ALP election campaigning kicks off – expect more political focus

There are more pages in this discussion • 192 more messages in this thread...

First 366 Last

Add MAY (ASX) to my watchlist

(20min delay)
Last 3.0¢		Change 0.000(0.00%)		Mkt cap ! $101.1M

Open	High	Low	Value	Volume
3.0¢	3.1¢	3.0¢	$22.89K	762.8K

Buyers (Bids)

No.	Vol.	Price($)
5	903313	3.0¢

Sellers (Offers)

Price($)	Vol.	No.
3.1¢	856803	5

View Market Depth

No.	Vol.	Price($)
5	903313	0.030
16	1991895	0.029
11	3556388	0.028
7	1614740	0.027
6	1988500	0.026

Price($)	Vol.	No.
0.031	856803	5
0.032	557720	8
0.033	400954	5
0.034	1125000	3
0.035	1040266	2

Last trade - 16.10pm 05/11/2024 (20 minute delay)

MAY (ASX) Chart