MAY 4.35% 2.2¢ melbana energy limited

Thanks a lot to your posts, very informative. This is my first O...

  1. 68 Posts.
    lightbulb Created with Sketch. 309
    Thanks a lot to your posts, very informative. This is my first O & G investment. I learnt a lot from your posts. Thanks again for your time and humility.
    I agree fully with your first point sir. Although, people say the rocks are "impermeable", it is not. The permeability is very low, so the seeping of water or hydrocarbons is low, but it does pass through rock. The material is nature made, so there will be fissures in the rock due to crust/plate movement.
    Lets wait a bit longer. Personally, I think there is a 90% chance that we will hit oil at Z. we were already had that smell in this announcement:
    https://hotcopper.com.au/data/attachments/4743/4743696-9f4eb58957de01e07562a3ab1aacc95e.jpg

 
watchlist Created with Sketch. Add MAY (ASX) to my watchlist
(20min delay)
Last
2.2¢
Change
-0.001(4.35%)
Mkt cap ! $74.14M
Open High Low Value Volume
2.4¢ 2.4¢ 2.2¢ $41.26K 1.791M

Buyers (Bids)

No. Vol. Price($)
8 1303214 2.2¢
 

Sellers (Offers)

Price($) Vol. No.
2.3¢ 280000 3
View Market Depth
Last trade - 16.10pm 19/08/2024 (20 minute delay) ?
MAY (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.