MAY 3.23% 3.0¢ melbana energy limited

Very surprising to see a zero volume day today with circa 11...

  1. 579 Posts.
    lightbulb Created with Sketch. 246
    Very surprising to see a zero volume day today with circa 11 million shares traded last 2 days.
    These are the pivitol moments where management need to understand how this stock plays to traders.
    An update outside of what is known must be imminent , even if it is to move a bulldozer onto the first well site and build an access road.
    88E seem to announce every shovel full of ice they move to gain access ont their track.
    I have listed clearly all the many things that have to happen in order to meet a first spud date on block 9 in April as consistently mooted by company..
    This is only circa 2 1/2 months away and the longer we hear nothing of any progress to the must happen operations I listed, the lilkelyhood will be spud will be delayed.
    We have a brief spurt of positivity , we have had this before on a number of times, , management now need  to keep it rolling, they need to get the message out there of any updates to progress on any aspects of the operations, if they don’t and play moot and silent , the traders will do exactly what they have done over the last few years and take it back down again.

    Robert, Andrew, take note...., this is now the opportunity to drive us forward with newsflow.




    Last edited by Spitfire: 06/02/19
 
watchlist Created with Sketch. Add MAY (ASX) to my watchlist
(20min delay)
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
View Market Depth
Last trade - 16.10pm 18/11/2024 (20 minute delay) ?
MAY (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.