MAY 3.23% 3.0¢ melbana energy limited

Ann: Webinar for Block 9 Update, page-97

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  1. 5,394 Posts.
    lightbulb Created with Sketch. 3332
    Agree, it's all about management which impact our investments, EGO a dog, 88E a dog, etc... Sigh....

    At least I sold most of my holdings in high 7's at profit and only now hold a small free carried shares, as I was concerned about the drilling progress and the company's poor management/skillset imo...

    Sadly, most here and my friends and family still hold and all on decent paper losses. Confident if they replace a few new key - Board/Management positions (not a fan of MD, he has to go imo) and once sell oil SP will recover imo. All the best

    I still maintain the company human elements/decisions made, had stuffed the well integrity which resulted in flow test failure imo....
 
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