MAY 4.35% 2.2¢ melbana energy limited

Ann: Zapato-1ST Drilling Update, page-319

  1. 1,796 Posts.
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    for a company that has such a big resource lying beneath the surface for so many months, the pain shareholders have gone thru in said months has been excrutiating, i'm not talking the lucky ones that got in at 2 cents either. Quite frankly i've never seen anything like this,yes shares can go up and down, but even when they make what SEEMS a very good announcement, it's ho hum no big deal, and another week, or two of watching market depth sellers exceed buyers by two to one, it's now been 5 months since the dizzy 21.5 cents heights, and more than 6 months since discovery became known, this stock is basically my last hope of having money in my pocket again other than the pension, every day i see shares up 50% all of a sudden on a "good announcement" especially this last month, and USA market has actually improved quite a bit, matter not to MAY, and now we have the price of oil capitulating, crude oil $86.80 (was $118 not too long ago, and Brent $92.50 (got to $125 i think) but petrol around sydney still $1.93, $1.55 at a handful of locations if ya lucky enuff to live nearby. heads u lose, tails u lose, it's a double sided coin, and the asx casino pretty rigged too, the average joe and josephine hasnt got a shitshow unless they hold for at least a year and happen to get lucky. Rant over, i'll go crawl back in my hole now and watch the bots and fake orders have their wicked way with MAY, i'll try see if i can get a bet on with Ladbrokes that the last trade at 4.10pm auction close today will be ONE SHARE. over and out.
 
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Last
2.2¢
Change
-0.001(4.35%)
Mkt cap ! $74.14M
Open High Low Value Volume
2.4¢ 2.4¢ 2.1¢ $444.7K 19.98M

Buyers (Bids)

No. Vol. Price($)
3 2048367 2.2¢
 

Sellers (Offers)

Price($) Vol. No.
2.3¢ 1402823 5
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Last trade - 16.10pm 12/07/2024 (20 minute delay) ?
MAY (ASX) Chart
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