How to buy Melbana Energy shares | MAY historical share price and analysis
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How to buy Melbana Energy shares

Own Melbana Energy shares in just a few minutes.

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Melbana Energy Limited 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 listed in Australian Dollars. Melbana Energy has a trailing 12-month revenue of around $81,004.

How to buy shares in Melbana Energy

  1. Compare share trading platforms. To buy shares listed in Australia, you'll need to sign up to a broker with access to the Australian Securities Exchange (ASX). Our table below can help you choose.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and tax file number. Fund your account with a bank transfer, PayPal or debit card.
  3. 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.
  4. 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. To spread out your risk, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. 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.
  6. Check in on your investment. Congratulations, you own a part of Melbana Energy . Optimise your portfolio by tracking how your stock — and even 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 can affect your stock.

What's in this guide?

  1. Melbana Energy key stats
  2. Compare share trading platforms
  3. Is Melbana Energy stock a buy or sell?
  4. Melbana Energy performance over time
  5. Melbana Energy 's financials
  6. How volatile are Melbana Energy shares?
  7. Does Melbana Energy pay a dividend?
  8. Have Melbana Energy shares ever split?
  9. Other common questions

Melbana Energy share price

Use our graph to track the performance of MAY stocks over time.

Melbana Energy shares at a glance

Information last updated 2021-02-26.
52-week range$0.003 - $0.032
50-day moving average $0.0154
200-day moving average $0.0126
Target price$0.03
PE ratio N/A
Dividend yield N/A (0%)
Earnings per share (TTM) $-0.0015

Compare share trading platforms

The value of your investments can fall as well as rise and you may get back less than you invested. Past performance is no indication of future results.
Data updated regularly
Name Product Standard brokerage fee Inactivity fee Markets
Superhero share trading
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Bell Direct Share Trading
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AUD $15
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Bell Direct offers a one-second placement guarantee on market-to-limit ASX orders or your trade is free, plus enjoy extensive free research reports from top financial experts.
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IG Share Trading
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IG Share Trading
AUD $8 or 0.1%
$50 per quarter if you make fewer than three trades in that period
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Enjoy some of the lowest brokerage fees on the market when trading Australian shares, international shares, plus get access to 24-hour customer support.
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CMC Markets Stockbroking
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CMC Markets Stockbroking
AUD $11 or 0.1%
No
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Trade up to 9,000 products, including shares, ETFs and managed funds, plus access up to 15 major global and Australian stock exchanges.
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ANZ Share Investing
ANZ Share Investing
AUD 19.95
No
ASX shares, Global shares, Options trading, mFunds, ETFs, Warrants
Earn 1 Qantas Point per AU$3 spent on brokerage fees on certain instruments.
Access Morningstar reports, company announcements and and live pricing via ANZ’s share investing platform. Available for desktop and mobile.
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Westpac Online Investing Account
Westpac Online Investing Account
AUD 19.95 or 0.11%
USD 63.50 per year on the global markets account
ASX shares, Global shares, Options trading, ETFs
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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. This is not a recommendation, however. 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.

Technical Analysis of Melbana Energy Limited by TradingView

Melbana Energy financials

Revenue TTM $81,004
Gross profit TTM $81,004
Return on assets TTM -10.16%
Return on equity TTM -25.85%
Profit margin 0%
Book value 0.004
Market capitalisation $53.3 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 6 August 2006. This wouldn't directly have changed the overall worth of your Melbana Energy shares – just the quantity. However, indirectly, the new INF% 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 $0.003 up to $0.032. A popular way to gauge a stock's volatility is its "beta".

MAY.AU volatility(beta: 2.41)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (AU average) beta is 1, while Melbana Energy 's is 2.4133. This would suggest that Melbana Energy 's shares are significantly more volatile than the average for this exchange and represent a higher risk.

Melbana Energy overview

Melbana Energy Limited engages in the oil and gas exploration activities in Cuba and Australia. The company holds interests in the Tassie Shoal Methanol and LNG project located in Australia. It also has interests in the Block 9 production sharing contract and the Santa Cruz incremental oil recovery project in Cuba, as well as WA-488-P located in the Joseph Bonaparte Gulf in northern Australia. The company was formerly known as MEO Australia Limited and changed its name to Melbana Energy Limited in November 2016. Melbana Energy Limited was founded in 1994 and is headquartered in Melbourne, Australia.

Frequently asked questions

Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, CFDs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading CFDs comes with a higher risk of losing money rapidly due to leverage. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

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