MAY
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5.26% 3.6¢ melbana energy limited

Why did MAY initially fall over 25% after the webinar, page-103

  1. bollinger
    1,408 Posts.
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    12/07/24
    10:49
    Post #: 74722530
    I took away the same sentiment from the webinar. Things didn't go our way with the drilling but if it was a certainty they would it would have been reflected in the share price. remember you could still buy in at 6c when they were drilling.
    The longer term outlook offers some hope but at 2c now instead of 6c. Certainly not worth betting the house on but might be worth a new car in 12 to 18months
    MAY Price at posting: 2.2¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 6  Upvote
    lightbulb Created with Sketch.  Great analysis
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