MAY 3.13% 3.3¢ melbana energy limited

Cuba Block 9: Operations Update 31 May 2024, page-323

  1. 7,879 Posts.
    lightbulb Created with Sketch. 1021
    Hang in there SOS.

    IMO - that little pullback we just had (on reasonable volume) tested that small "gap" we created the other day (close at 6.5, open at 6.6), and cements 6.6 now as a good support area. Any pullback to there will be greeted with slightly higher volume on the bid. Now that we have done that, I feel we can have a decent crack at 7.0 (and hold it). Let's see how we go.

    IMO also - in a few weeks time I think we will switch from 0.1 cent increments to 0.5 cent increments.

    Kit

 
watchlist Created with Sketch. Add MAY (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.