MAY 3.64% 5.3¢ melbana energy limited

Hi SmiteoffI believe Cuba relies heavily on Venezuela for nearly...

  1. 2,691 Posts.
    lightbulb Created with Sketch. 341
    Hi Smiteoff
    I believe Cuba relies heavily on Venezuela for nearly all its oil needs.
    If MAY/Sonangol can produce a commercial discovery i think Sonangol will prefer to be the in country multi decade sole provider.
    A very simple supply demand oil friendly jurisdiction.
    Yes they have or are trying to sell some of their oil plays but not all of them.
    I see a deal being as everything has a price and our CEO will want to monetize and move on.
    _ebit
 
watchlist Created with Sketch. Add MAY (ASX) to my watchlist
(20min delay)
Last
5.3¢
Change
-0.002(3.64%)
Mkt cap ! $178.6M
Open High Low Value Volume
5.4¢ 5.4¢ 5.2¢ $215.6K 4.068M

Buyers (Bids)

No. Vol. Price($)
10 1990394 5.2¢
 

Sellers (Offers)

Price($) Vol. No.
5.3¢ 15000 1
View Market Depth
Last trade - 16.10pm 10/05/2024 (20 minute delay) ?
Last
5.2¢
  Change
-0.002 ( 1.89 %)
Open High Low Volume
5.4¢ 5.4¢ 5.2¢ 1210770
Last updated 15.38pm 10/05/2024 ?
MAY (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.