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3.23%

3.0¢ melbana energy limited

Very good research article on Melbana., page-5

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15/11/18

10:26

Post #: 36513323
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Originally posted by fiveyearplan: ↑

"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.

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.....and this will also help the SP: https://www.nextoilrush.com/asx-juniors-under-drilled-cuban-oil-asset-puts-it-in-multi-billion-barrel-company/?utm_medium=email&utm_campaign=MAY-MA&utm_content=MAY-MA+CID_0077581f68bb712686f3e86ff9754f82&utm_source=SD&utm_term=The%20Next%20Oil%20Rush

MAY Price at posting: 1.6¢ Sentiment: Buy Disclosure: Held
6 Upvote

0 Great analysis

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(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

No.	Vol.	Price($)
1	521231	0.015
16	2557462	0.014
6	2982000	0.013
4	3395000	0.012
4	3627788	0.011

Price($)	Vol.	No.
0.016	2684672	5
0.017	3796014	6
0.018	2684231	5
0.019	6240315	9
0.020	1582500	7

Last trade - 16.10pm 18/11/2024 (20 minute delay)

MAY (ASX) Chart