MAY 11.5% 2.3¢ melbana energy limited

The Melbana Energy Limited $0.86/share Party, page-322

  1. 160 Posts.
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    There’s a lot of negativity on this thread and it’s understandable because these threads are predominantly contributed to by traders, it’s all about a quick buck, and fair enough, I’m not knocking them. If you look at the trading patterns of the last few months, 5-10m shares normally traded on a daily basis, probably traders buying and selling to each other, many in the red now and showing their frustration here….but there are 3.7b shares on issue here. Many big investors in this company are not selling because they know what the company is sitting on, they’ve been here for a number of years, and another month or 2 doesn’t mean a lot when considering what may happen over the remainder of this year and next.
    I mentioned in a post a year ago, this is oil & gas, and this is Cuba. It was never, IMHO, going to move fast, or without delays, but it is moving in the right direction, and I believe investors (ie those with patience), will be rewarded….

    GLTAH, and of course, DYOR
 
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Last
2.3¢
Change
-0.003(11.5%)
Mkt cap ! $77.51M
Open High Low Value Volume
2.5¢ 2.6¢ 2.3¢ $124.0K 5.095M

Buyers (Bids)

No. Vol. Price($)
10 2808380 2.3¢
 

Sellers (Offers)

Price($) Vol. No.
2.4¢ 339712 5
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Last trade - 16.10pm 19/07/2024 (20 minute delay) ?
MAY (ASX) Chart
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