MAY 6.06% 3.5¢ melbana energy limited

May Chart, page-1847

  1. 726 Posts.
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    What price should a further CR be at? 7 cents maybe - people aren't buying this share at the moment and hence the price is going nowhere, and you want even more shares on issue so that they can go nowhere either? It's beyond absurd. You keep singing the same stupid song, but a CR isn't a way to make money - otherwise I could start a company and just do CR after CR and everyone becomes millionaires - it just doesn't work like that - the only way it works is you are desperate to get out - you see it going nowhere but you aren't prepared to take a haircut and move on to something else. AP has spoken about funding and that is not by way of CR so if you are hanging out for one you might as well sell and go away. With all the money in the bank and the money coming from options, talk of a CR is a way to set fire to the share price and burn the company to the ground.
 
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3.3¢ 3.6¢ 3.3¢ $577.5K 16.92M

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No. Vol. Price($)
5 1018559 3.4¢
 

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Price($) Vol. No.
3.5¢ 1521853 6
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