MAY 3.57% 5.4¢ melbana energy limited

You put together a nice counter offer but I think it’s all...

  1. 368 Posts.
    lightbulb Created with Sketch. 61
    You put together a nice counter offer but I think it’s all relative to your timeline.

    It could easily be a decade before the proper infrastructure is in place to be able to export from the lower sheets ( if they flow, still to be proven, I do think they will)
    Until then 5000 bpd ain’t seeing the value of this company at $1b which is what AP continues to use as his target.

    If he wants $1b to move on then he can now easily achieve that in 2024, $70m+ isn’t a bad figure for him and all his team pick up $5m+

    Id love more but I could certainly do with getting a couple of mil myself now and use that to make gains elsewhere.


 
watchlist Created with Sketch. Add MAY (ASX) to my watchlist
(20min delay)
Last
5.4¢
Change
-0.002(3.57%)
Mkt cap ! $188.7M
Open High Low Value Volume
5.9¢ 5.9¢ 5.4¢ $550.3K 9.724M

Buyers (Bids)

No. Vol. Price($)
1 221840 5.6¢
 

Sellers (Offers)

Price($) Vol. No.
5.0¢ 48000 1
View Market Depth
Last trade - 15.59pm 29/05/2024 (20 minute delay) ?
Last
5.5¢
  Change
-0.002 ( 1.08 %)
Open High Low Volume
5.9¢ 6.0¢ 5.4¢ 4343212
Last updated 15.52pm 29/05/2024 ?
MAY (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.