MAY 3.64% 5.3¢ melbana energy limited

May Train has just pulled into Risk verse Reward Station, page-5

  1. 600 Posts.
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    People invest for their own reasons. I'm investing to see MAY out as a producer. Anything short of that timeframe is just sporadic speculation based on the Announcement nuances that don't really do anything besides increase uncertainty.

    The independent audit has indicated significant likelihood of commerciality, that's good enough for me. I only wish MAY would come out with a revised plan on how to use the recently gained funds through their Placement to speed up the timeline. I feel this would reduce the volatility of waiting announcement to announcement on a single well. Let's get the Zapato well going, and start talking about the other opportunities in Block 9. Hell, some news on Australian prospects would be nice.

    This stock is getting too channeled onto a single operation. Whilst this may be valid due to the significance of it, I like to think the Company could have more broad operational updates.
 
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Last
5.3¢
Change
-0.002(3.64%)
Mkt cap ! $178.6M
Open High Low Value Volume
5.6¢ 5.6¢ 5.2¢ $139.5K 2.572M

Buyers (Bids)

No. Vol. Price($)
8 122484 5.3¢
 

Sellers (Offers)

Price($) Vol. No.
5.5¢ 500000 1
View Market Depth
Last trade - 16.10pm 07/05/2024 (20 minute delay) ?
Last
5.4¢
  Change
-0.002 ( 0.00 %)
Open High Low Volume
5.5¢ 5.5¢ 5.2¢ 1076722
Last updated 15.59pm 07/05/2024 ?
MAY (ASX) Chart
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