MAY 4.17% 2.3¢ melbana energy limited

May Chart, page-10589

  1. 9,716 Posts.
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    Warren Buffet wouldn’t buy a small cap oiler regardless of greed or fear sentiment in the market. While I agree, if you have confidence in the long term fundamentals, days like today can provide an opportunity, let’s not pretend Warren Buffet would even consider such a gamble….this is merely a HC quote regularly trotted out on *********. 7c held but it did close on the low so there MAY be more pain to come before it turns, I’m sure AP will be doing his best tomorrow to stabilise things though. Good luck
 
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