MAY 3.23% 3.0¢ melbana energy limited

Ann: Trading Halt, page-20

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  1. 312 Posts.
    lightbulb Created with Sketch. 35
    this CR means no large upfront cash, if any, from the farmout, disappointing.
    the CR could also mean a cornerstone investor willing to give a large chunk, maybe on a convertible note with strike not too much higher than the SP now.
    could also mean a placement to soph insto/investor and CR to keep shareholders happy at 1.8c
    we could be over 2.5B shares on issue after this CR
    I don't see anything positive on this ann or CR
 
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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) ?
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