Melbana Energy is an oil & gas e&p business based in Australia. Melbana Energy shares (MAY) are listed on the Australian Securities Exchange (ASX) and all prices are in Australian dollars. Melbana Energy has a trailing 12-month revenue of around $3.2 million. If you're looking to buy shares, check out the steps below.
How to buy shares in Melbana Energy
To buy shares listed in Australia such as Melbana Energy , you'll need to sign up to a broker with access to the ASX. Our table can help you compare share trading platforms and choose. Then follow these steps.
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Open and fund your brokerage account. Complete an application with your personal and financial details, including your ID and tax file number. Fund your account with a bank transfer, PayPal or debit card.
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Search for Melbana Energy . Find the share by name or ticker symbol: MAY. Research its history to confirm it's a solid investment against your financial goals.
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Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Melbana Energy reaches your desired price. Look into dollar-cost averaging to spread out your risk, which smooths out buying at consistent intervals and amounts.
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Decide on how many to buy. At today's price, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs.
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Check on your investment. Congratulations, you own a part of Melbana Energy . Optimise your portfolio by tracking how your stock and the business performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that affect your stock.
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What's in this guide?
- Melbana Energy key stats
- Compare share trading platforms
- Is Melbana Energy stock a buy or sell?
- Melbana Energy performance over time
- Melbana Energy 's financials
- How volatile are Melbana Energy shares?
- Does Melbana Energy pay a dividend?
- Have Melbana Energy shares ever split?
- Frequently asked questions
Melbana Energy stock price (ASX:MAY)
Use our graph to track the performance of MAY stocks over time.Melbana Energy shares at a glance
52-week range | $0.057 - $0.12 |
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50-day moving average | $0.0618 |
200-day moving average | $0.0732 |
Target price | $0.03 |
PE ratio | N/A |
Dividend yield | N/A (0%) |
Earnings per share (TTM) | $0 |
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Is it a good time to buy Melbana Energy stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. However, this is not a recommendation. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
Melbana Energy price performance over time
Historical closes compared with the last close of A$0.062
1 week (2024-03-20) | 5.08% |
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1 month (2024-02-28) | 6.90% |
3 months (2023-12-28) | -13.89% |
6 months (2023-09-28) | -10.14% |
1 year (2023-03-28) | 5.08% |
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2 years (2022-03-28) | -57.24% |
3 years (2021-03-26) | 181.82% |
5 years (2019-03-28) | 287.50% |
Melbana Energy financials
Revenue TTM | $3.2 million |
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Gross profit TTM | $1.1 million |
Return on assets TTM | -1.15% |
Return on equity TTM | -3.97% |
Profit margin | 0% |
Book value | 0.015 |
Market capitalisation | $202.2 million |
TTM: trailing 12 months
Melbana Energy share dividends
We're not expecting Melbana Energy to pay a dividend over the next 12 months.
Have Melbana Energy 's shares ever split?
Melbana Energy 's shares were split on a 0.9645:1 basis on 6 August 2006. So if you had owned 1 share the day before the split, the next day you would own 0.9645 shares. This wouldn't directly have changed the overall worth of your Melbana Energy shares – just the quantity. However, indirectly, the new 3.7% higher share price could have impacted the market appetite for Melbana Energy shares which in turn could have impacted Melbana Energy 's share price.
Melbana Energy share price volatility
Over the last 12 months, Melbana Energy 's shares have ranged in value from as little as $0.057 up to $0.12. A popular way to gauge a stock's volatility is its "beta".
Beta measures a share's volatility in relation to the market. The market (AU average) beta is 1, while Melbana Energy 's is 1.139. This would suggest that Melbana Energy 's shares are a little bit more volatile than the average for this exchange and represent, relatively speaking, a slightly higher risk (but potentially also market-beating returns).
Melbana Energy overview
Melbana Energy Limited engages in the oil and gas exploration in Cuba and Australia. The company holds a 100% interest in the Tassie Shoal Methanol and LNG project located in Australia. It also holds a 100% interest in the Santa Cruz oil field located in Cuba; and WA-544-P and NT/P87 permits covering an area of approximately 4,000km2 in the Petrel sub-basin, as well as a 30% interest in Block 9 that covers an area of 2,344km2 located in Cuba. The company was formerly known as MEO Australia Limited and changed its name to Melbana Energy Limited in November 2016. The company was incorporated in 1994 and is headquartered in Sydney, Australia.
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Melbana Energy in the news
Frequently asked questions
- EOD price data and company information for Melbana Energy accessed 28 Mar 2024
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