MAY 5.56% 5.7¢ melbana energy limited

Even though I think MAY is presently undervalued and has...

  1. 1,940 Posts.
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    Even though I think MAY is presently undervalued and has excellent prospects to date. I do think us long term holders have a way to go. Realistically I consider that should Zapato be successful we may settle in the teens. Subject to day trading of course.

    For my money the first best re-rate will settle on results of flow rates and viscosity at one or both (touch wood) As we know after Zapato we go for a re drill at alameda.

    In short, for those hanging on the dailies and not day trading, sit back and relax, this Christmas might come early and the next after MAY be quite comfortable indeed.

    GLTA

    DYOR.


 
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Last
5.7¢
Change
0.003(5.56%)
Mkt cap ! $192.1M
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5.4¢ 5.8¢ 5.4¢ $144.5K 2.570M

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No. Vol. Price($)
8 1601115 5.6¢
 

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5.8¢ 979319 4
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Last trade - 16.10pm 31/05/2024 (20 minute delay) ?
Last
5.7¢
  Change
0.003 ( 5.56 %)
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