MAY
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3.23% 3.0¢ melbana energy limited

Looking more like a 2 bob stock every waiting day and MAY will...

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  1. justinmetals
    8,035 Posts.
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    07/08/24
    21:04
    Post #: 75116004
    Looking more like a 2 bob stock every waiting day and MAY will be lucky to see an mcap more than $100M by end 2025 if they can’t unlock more than 1000bopd from each well of 7 planned

    7000bpd net to MAY =$19M profit, at 5x multiple = 100M mcap or 2.9c/share
    Last edited by justinmetals: 07/08/24
    MAY Price at posting: 2.2¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch. 1  Great analysis
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Last
3.0¢ 		Change
-0.001(3.23%) 		Mkt cap ! $101.1M
Open High Low Value Volume
3.0¢ 3.0¢ 2.9¢ $98.24K 3.284M

Buyers (Bids)

No. Vol. Price($)
1 86990 3.0¢
 

Sellers (Offers)

Price($) Vol. No.
3.1¢ 181225 2
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Last trade - 16.10pm 18/11/2024 (20 minute delay) ?
MAY (ASX) Chart
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