MAY 4.35% 6.6¢ melbana energy limited

Not much point in predicting - often predictions either fall...

  1. 8,261 Posts.
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    Not much point in predicting - often predictions either fall short, change along the way with market conditions or at times exceed expectations. At any rate, short term sp variations not so much an issue if one looks and is prepared to hold longer term - provided the company achieves it's objectives and one has time to wait and not be phased with the bumps along the way.

    Current sp gives way to bargain based prices - just how much lower low it can go is open ended. Must say though, did not expect to see lows such as current - one day it will be a distant memory - till then go with the flow. SYA, a producer in an opposing commodity space, has dramatically fallen in recent days - such are the fortunes or lack of in the marketplace - never thought it would come back to such lows.

    One day things will be onwards and turn to upwards - one day - till then, Iove the singing sounds of Magpies and plenty of sunshine. smile.png
 
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