Our share-price is a reflection of the general share-market which has tanked over the last month with the DOW correction. IMO a fair valuation for MAY right now is around 15c without the flow tests and without the Independent Resources Assessments for Alameda and Marti. IMO when the Independent Resources Assessments for Alameda and Marti come in and confirm a major resource discovery, we should be 20-30c. A good oil discovery at Zapato we should be 30-40c. When producing we should be over 50c. In one years time if all goes to plan and we are producing from multiple wells $1 is real possibility.
Ann: Drilling of Zapato-1 exploration well commenced, page-60
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Last
3.3¢ |
Change
0.001(3.13%) |
Mkt cap ! $111.2M | |||
| Open | High | Low | Value | Volume |
| 3.3¢ | 3.4¢ | 3.3¢ | $67.83K | 2.054M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 254456 | 3.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.4¢ | 1556167 | 6 |
View Market Depth
| Last trade - 15.23pm 27/09/2024 (20 minute delay) ? |
| MAY (ASX) Chart |