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Melbana Energy Limited ( (AU:MAY) ) has issued an announcement.
Melbana Energy Limited announced the cessation of 41,016,999 performance rights due to the expiry of options or other convertible securities without exercise or conversion. This announcement reflects a change in the company’s issued capital, which may impact its financial structure and potentially influence investor perception.
More about Melbana Energy Limited
Melbana Energy Limited operates in the energy sector, focusing on the exploration and development of oil and gas resources. The company is listed on the Australian Securities Exchange under the code MAY.
Average Trading Volume: 455,000
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $61.2M
See more insights into MAY stock on TipRanks’ Stock Analysis page.