MAY 0.00% 3.0¢ melbana energy limited

Very good research article on Melbana., page-4

  1. 338 Posts.
    lightbulb Created with Sketch. 9
    "The Independent report also agrees with you, suggesting a SP of $0.059, which makes this a potential 4 bagger. "

    I prefer the un-risked valuation of 49c per share!

    Most of that upside un-risked case is attributable to Beehive (29c unrisked vs risked 2.1c), which adequately highlights the enormous upside of that play to MAY, and also underlines the quite conservative nature of the anaylyst's risk assessment - but which still spits out a total of 5.9c.

    It's been a long time coming, but MAY shareholders are certainly going to get some bang for their buck in 2019.
 
watchlist Created with Sketch. Add MAY (ASX) to my watchlist
(20min delay)
Last
3.0¢
Change
0.000(0.00%)
Mkt cap ! $94.36M
Open High Low Value Volume
3.0¢ 3.1¢ 3.0¢ $22.89K 762.8K

Buyers (Bids)

No. Vol. Price($)
5 903313 3.0¢
 

Sellers (Offers)

Price($) Vol. No.
3.1¢ 856803 5
View Market Depth
Last trade - 16.10pm 05/11/2024 (20 minute delay) ?
MAY (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.