MAY 4.35% 2.2¢ melbana energy limited

Is this the calm before the storm ?, page-38

  1. 624 Posts.
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    Aceboy, last time I looked Santos was 733c, Woodside 3864c and in production. Melbana like dozens of other exploration companies are penny stocks trying to land commercial paydirt. The risks are high but the rewards if they hit paydirt can be huge. We all know the difference and for sure to invest in penny stocks requires patience, some research, intrinsic trust in management, project resource belief and somewhat deep pockets to make it worthwhile. If the stock doesn't have these find another that suits your game plan or head for blue chip stocks you mention for a half yearly dividend.
 
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Last
2.2¢
Change
-0.001(4.35%)
Mkt cap ! $74.14M
Open High Low Value Volume
2.4¢ 2.4¢ 2.1¢ $444.7K 19.98M

Buyers (Bids)

No. Vol. Price($)
3 2048367 2.2¢
 

Sellers (Offers)

Price($) Vol. No.
2.3¢ 1402823 5
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Last trade - 16.10pm 12/07/2024 (20 minute delay) ?
MAY (ASX) Chart
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