MAY 3.23% 3.0¢ melbana energy limited

MAY's Capital Raises since the last Annual General meeting...

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    MAY's Capital Raises since the last Annual General meeting increased MAY's share register by 525,000 shares for the year.  And they have the same intention to repeat it again this year.  Every shareholder needs to read what gets posted out to them regarding the upcoming annual general meeting and the 10% percent increase MAY are asking to get passed for further CR's (this is on top of the already 15 per cent annual).  Until MAY produces income every CR is diluting every shareholder's account.  


    Management need to increase the market capitalization of MAY and stop spending new shareholders money which has diluted existing shareholder's wealth in MAY shares.  How about out top shareholders take action and stop MAY diluting our share base for no return.  


 
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