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3.70%

2.6¢ melbana energy limited

My god the worst downramping I have ever seen. Keep posting and...

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Roch2077

10,189 Posts.

1986

12/12/22

19:59

Post #: 65283249
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Originally posted by hubbo27: ↑

all credit to you trying to pump the s*** out of this. fact is. may wont start appraisal of only the amistad zones maybe by end of march. mays 30% of this is 36mil barrels. theres no arguing the size of the prospective resource but you are way ahead of yourself here. markets are irrational so continuing to pump wouldnt surprise me but this should be played with a very tight sl if it gets close to 8c before christmas. they have nothing until its apparaised and theyre only doing amistad at 36mil in march so if that goes well sure your valuation of 12-18c makes sense then consideration can be given to the remaining resource. be wary here. running of the back of a pumpy ann that snuck through a 1 month delay. with directors buying in a somewhat questionable fashion.

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My god the worst downramping I have ever seen. Keep posting and go back and read the threads for more information before posting

MAY Price at posting: 6.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 2.6¢		Change -0.001(3.70%)		Mkt cap ! $87.62M

Open	High	Low	Value	Volume
2.7¢	2.7¢	2.6¢	$40.62K	1.529M

Buyers (Bids)

No.	Vol.	Price($)
1	318747	2.6¢

Sellers (Offers)

Price($)	Vol.	No.
2.8¢	15000	1

View Market Depth

No.	Vol.	Price($)
1	318747	0.026
9	911058	0.025
10	2149035	0.024
11	2487925	0.023
5	1383637	0.022

Price($)	Vol.	No.
0.029	294071	4
0.030	1280000	6
0.031	442661	2
0.032	1503548	6
0.033	66600	1

Last trade - 16.10pm 17/09/2024 (20 minute delay)

MAY (ASX) Chart