MAY 3.23% 3.0¢ melbana energy limited

March Approaching., page-6

  1. 189 Posts.
    Same as PK One, been following this stock for years, may have traded it, not sure, What I like is the updates, especially about Cuba and now some deal with SANTOS. I don't go much into the details much more the hype, sentiment, the potential long term outlook and of course price and volume. I have held off buying MAY for the last year, just waiting for more information.

    In hindsight had opportunities to buy around the 1 cent mark. Have recently taken a decent position around 1.5 cents, with a market cap of $30m and fully funded for 3 wells in Cuba with  12.5%  royalties this share seems cheap. Plus the SANTOS business in the NW of Aust is a bonus.

    I may be wrong, however I am looking for either a 5- 10 bagger or a takeover with this low market cap.
 
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Last
3.0¢
Change
-0.001(3.23%)
Mkt cap ! $94.36M
Open High Low Value Volume
3.0¢ 3.0¢ 2.9¢ $98.24K 3.284M

Buyers (Bids)

No. Vol. Price($)
1 86990 3.0¢
 

Sellers (Offers)

Price($) Vol. No.
3.1¢ 181225 2
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Last trade - 16.10pm 18/11/2024 (20 minute delay) ?
MAY (ASX) Chart
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