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Melbana Energy Introduces Cost-Free Share Sale Facility for Small Shareholders
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Melbana Energy Introduces Cost-Free Share Sale Facility for Small Shareholders

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Melbana Energy Limited ( (AU:MAY) ) has shared an update.

Melbana Energy Limited has introduced a Small Holding Share Sale Facility to allow shareholders with small parcels of shares, valued at less than $500, to sell their holdings without incurring brokerage or handling costs. This initiative aims to reduce administrative expenses associated with managing numerous small shareholdings and provides a cost-effective way for small shareholders to liquidate their shares.

More about Melbana Energy Limited

Melbana Energy Limited is an energy company listed on the Australian Securities Exchange (ASX:MAY). The company primarily focuses on the exploration and development of oil and gas resources.

Average Trading Volume: 455,000

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $56.67M

See more insights into MAY stock on TipRanks’ Stock Analysis page.

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