MAY - Melbana Energy

[nztx]

Something must be up & an Announcement due soon when the Tree Shakers and Daytraders
are bashing the SP up and down by 0.005c in continuous 20 or so min intervals

Interesting on HC to see delayed ASX high, CHI live in the dip then rising again
lots of fluctuation from 7.0c through to 7.5c

North of 113 m Vol through so far

Higher Lows and the hefty Vol must say something ?

Good opportunities to load up in the troughs IMO

Looks like nothing from MAY today.

Perhaps tomorrow they will wheel out the Piano, Cuban Singer and give us an Announcement ?

[Sous87]

Awesome news, glad I bought a ticket for the show

[CAM]

Any comments on the latest?

disc... hold a little bit

[Sous87]

I’m a complete novice but my interpretation of the latest announcement is it’s a big deal. Sounds like it exceeds expectations. I think it’s going to be a big year for MAY.
Disc- I hold some, and bought more yesterday.

[nztx]

8.6c close - a good announcement from drilling the lower level of Alameda could leave rubber on the tarmac IMO

If it's really good or exceptional - who knows .. MAY be off the wall ?


Congrats to those who jumped in last week at 5.0c / 5.5c

[Paddie]

Its an exciting time to be a MAY holder. I brought in to the heads at 1.9c so I am sitting on a nice profit. This has a way to run yet with drilling now in to the primary target. The next few weeks will be interesting with a further rerate looking highly likely.

[CAM]

Yeah. I am just back to looking at investing again after a long time on the sidelines (life!) and threw a couple of grand at this after reading the threads etc.

Was expecting JBMurc to comment by now but see he has been banned - probably upset some creampuffs feelings.
I hope he comes back because he has some good insights.....although if this takes off then he might be retiring soon...haha.

There used to be someone else years ago that I followed - Oiler?? - he followed the well drilling programmes and made some punts based on that. Was fun.

[nztx]

up to 9.0c today before another tree shake

haven't looked at volumes in the shake, but many holders must be becoming more
resistant to selling / wanting to hold ahead of coming announcements IMO

[younga]

Managed to buy more at the top. I'm getting better with practice ....buy high sell low...The Ukraine war has given me lots of opportunities. May we strike more oil (:-)

[Sous87]

My ASP is a touch over 7c but hopeful I’ll be happy with that buy in price in 6-12 months time.