MAY 3.23% 3.0¢ melbana energy limited

No Plan B, page-16

  1. 269 Posts.
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    I don't think you understand basic maths
    the option issue allows you to hold the same amount of shares whilst pocketing a small profit (if you sold at 2.2 - 2.8c)
    yes, you could buy on the market @ 1.7c but what good is that if it means MAY has to issue a CR in the coming months. we all lose
    your frustration in holding such as a loss is getting In the way of simple logic
    if you hold this kind of hate toward the company, sell and move on.
    I've held for 8 years and averaged down along the way, certainly not crying in my beer like some holders here
    the potential is still there
 
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