MAY 40.9% 3.9¢ melbana energy limited

Its a real shame our Management (sold their shares) im my...

  1. 338 Posts.
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    Its a real shame our Management (sold their shares) im my opinion at the wrong time.

    It takes the heat out of the (what should be the frenzy at the moment)

    Selling is all about creating a frenzy first. You can shoot me down but I have 30 years experience in my world of selling.


    Dont get me wrong this has created still a buy (no downramping here)


    Management in my opinion always take the cream in MAY and MEO.

    For them they are also sitting on doubling their money from the last buy they purchased a couple of months ago.

    And I am 100 percent confidant there are many others sitting on that latest gain within the industry.

    I read this forum and people forget that this goes on and its the one aspect which Ive really learnt over the last 13 years with MAY.

    Management seem to get a 100% gain right before the action starts.

    And the share price seems to bottom every time like this 2 months out then increase by 100% just before spud.

    They do it so well us small holders skim over it everytime.

    The industry also sets the charts up so well, us small holders have been locked in for over a year on only at the time of spud maybe 10 percent up.

    GLTA



 
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3.9¢
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3.9¢ 4.4¢ 3.6¢ $1.869M 46.87M

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15 4106711 3.8¢
 

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Price($) Vol. No.
3.9¢ 500000 1
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Last trade - 11.21am 18/06/2024 (20 minute delay) ?
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