MAY 4.00% 2.6¢ melbana energy limited

TA only, page-576

  1. 10,189 Posts.
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    Yeh thin air because company worth intrinsic 120 million excluding cash on largest deposit of oil being appraised in more than a decade with discovery already called. Cheaper than any other oil and gas company on the ASX. Please company retraces 5 percent you start throwing our charts calling the end of the company on thin air as chartist all do when they need a retrace for a refill

    Fundamentals changed and it will continue to run towards 15-20 cents fair value
 
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