How do you value a company with a discovery already done and such a large appraisal and resource size plus huge cash balance at a 200 million market cap when your ramping on the IVZ forum with no discovery yet with a market cap multiples from here? Should you not be worth significantly less? You have nothing so why you a 300 million market cap?
How do you value stocks? common why is MAY with 126 million barrels of oil about to be appraised largest in more than a decade deserving 200 million market cap which is the same as 88e which has nothing ?
May Chart, page-4606
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Last
2.3¢ |
Change
0.001(4.55%) |
Mkt cap ! $77.51M | |||
| Open | High | Low | Value | Volume |
| 2.2¢ | 2.4¢ | 2.2¢ | $130.9K | 5.818M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 318486 | 2.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.4¢ | 3205398 | 9 |
View Market Depth
| Last trade - 11.38am 15/07/2024 (20 minute delay) ? |
| MAY (ASX) Chart |