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.
With 3 billion shares on issue earnings per share will be under...
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Last
3.1¢ |
Change
-0.002(6.06%) |
Mkt cap ! $104.4M | |||
| Open | High | Low | Value | Volume |
| 3.4¢ | 3.4¢ | 3.0¢ | $165.0K | 5.194M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 18 | 1439331 | 3.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.1¢ | 39999 | 1 |
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| Last trade - 16.10pm 09/10/2024 (20 minute delay) ? |
| MAY (ASX) Chart |