MAY 4.35% 2.2¢ melbana energy limited

With 3 billion shares on issue earnings per share will be under...

  1. 238 Posts.
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    With 3 billion shares on issue earnings per share will be under a lot of pressure. A lot of things with the current 3 reservoirs and Zapato and successful commercialisation to follow have to go right to support share growth obviously. In terms of market cap however a hopeful future SP of say $1, a figure of 3 billion only makes Melbana a mid cap company in international terms.
 
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