MAY 4.65% 4.1¢ melbana energy limited

Hi sameoldstory, I think your being too hard on yourself. You've...

  1. 1,819 Posts.
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    Hi sameoldstory, I think your being too hard on yourself. You've made the best possible start by picking one of the best ASX small cap oilers out of the whole sector. I have the whole sector on my watchlist and the vast majority I wouldn't touch, even ones with apparently good projects/finds. Depending on what price you paid you may have to be a little patient but the returns will definately come.

    I wouldn't take any notice of buy/sell depths. My experience tells me it means little, and its all swings and roundabouts one month to the next.

    MAY ticks alot of boxes, but a little more water to go under the bridge before a re-rate. A large resource, large prospective upside, onshore and close/accessible to market. What the market wants to see is MAY get some oil out of the ground and sell it market. Everything else will take care of itself
 
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Last
4.1¢
Change
-0.002(4.65%)
Mkt cap ! $138.1M
Open High Low Value Volume
4.2¢ 4.3¢ 4.1¢ $184.4K 4.395M

Buyers (Bids)

No. Vol. Price($)
11 946604 4.1¢
 

Sellers (Offers)

Price($) Vol. No.
4.2¢ 250000 1
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Last trade - 16.10pm 21/06/2024 (20 minute delay) ?
MAY (ASX) Chart
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