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Melbana Energy Limited ( (AU:MAY) ) has provided an update.
Melbana Energy Limited has released an updated register of its top 20 holders of listed options exercisable at $0.02 and expiring on 12 January 2027, showing that these investors collectively control approximately 79% of the 436.8 million options on issue. The largest positions are held through Morgan Stanley Australia Securities (Nominee) Pty Limited, Riddhi Group of Hotels Pty Ltd and several other nominee and private investment entities, indicating a relatively concentrated ownership structure in the company’s options that may influence future capital inflows and shareholder dynamics as these instruments approach maturity.
The most recent analyst rating on (AU:MAY) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on Melbana Energy Limited stock, see the AU:MAY Stock Forecast page.
More about Melbana Energy Limited
Melbana Energy Limited is an Australian oil and gas company focused on exploration and development activities, with its securities listed on the Australian Securities Exchange. The company attracts a mix of institutional, nominee and private investors through its equity and listed option structures, reflecting engagement from both domestic and international capital markets.
Average Trading Volume: 5,182,564
Technical Sentiment Signal: Sell
Current Market Cap: A$34.04M
See more data about MAY stock on TipRanks’ Stock Analysis page.