MAY 3.85% 2.7¢ melbana energy limited

May Chart, page-8677

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    lightbulb Created with Sketch. 29
    just for context (and not that we arent all already aware):

    - global markets are pulling back to varying degrees the last week or so (in particular aussie)
    - there was an attempted military coup in russia
    - crude oil price is sitting on long term support (and if you go to the weekly arguably looks a little bit scary)
    - all aussie oilers have gone sideways or even struggled recently ST e.g. BPT, WDS, STO

    = some uncertainty in MAY share price .... not sure why so many are surprised
 
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