MAY
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12.5% 5.4¢ melbana energy limited

Takeover Talk

  1. bond5
    12 Posts.
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    24/07/23
    00:11
    Post #: 68936467
    Can those with experience with company takeovers explain the advantages of a takeover.
    Would May only sell the wells drilled or all of block 9? For me Block 9 is to valuable undeveloped asset and with 3D seismic could return untold wealth to May share holders for many years to come . Oil will be needed for many years therefore I would prefer to see joint ventures rather than a fire sale of assets.
    MAY Price at posting: 9.8¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 14  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

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5.4¢ 		Change
0.006(12.5%) 		Mkt cap ! $178.6M
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4.9¢ 5.4¢ 4.9¢ $281.1K 5.342M

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No. Vol. Price($)
5 638780 5.3¢
 

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Price($) Vol. No.
5.4¢ 302785 3
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Last trade - 11.48am 26/06/2024 (20 minute delay) ?
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