You can’t be serious. You can’t put the numbers together can you.
126 million barrels of oil. Is equivalent to 1.5 billion market cap
You should do some research if your going to follow posters when to sell because they tell you now is the time to buy and sell just like 7 cents. That’s great if fundamentals haven’t changed yes do that. But fundamentals have changed as they go back to the well where the oil was discovered and the “independent research assessment” is back on as permits ticked off and construction has started.
The “independent assessment” puts Alameda at a 1.5 billion market cap with a 90 percent appraisal with the new designed well targeting a larger appraisal over 3 zones in coming weeks
It’s running and do some fundamental analysis rather than following lines which if there is no news coming works well not when company is back on track from a 12 month delay. Hence why it is returning back to 15-20 cents fair value with upside of 50 cents.
- Forums
- ASX - By Stock
- MAY
- May Chart
May Chart, page-4743
-
- There are more pages in this discussion • 8,143 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add MAY (ASX) to my watchlist
(20min delay)
|
|||||
Last
2.2¢ |
Change
-0.001(4.35%) |
Mkt cap ! $74.14M |
Open | High | Low | Value | Volume |
2.4¢ | 2.4¢ | 2.1¢ | $444.7K | 19.98M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 2048367 | 2.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.3¢ | 1402823 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 650000 | 0.022 |
21 | 2312018 | 0.021 |
29 | 4624745 | 0.020 |
11 | 1388627 | 0.019 |
3 | 535055 | 0.018 |
Price($) | Vol. | No. |
---|---|---|
0.023 | 1311657 | 4 |
0.024 | 3142174 | 9 |
0.025 | 3859683 | 6 |
0.026 | 326965 | 4 |
0.027 | 2632940 | 7 |
Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
Featured News
MAY (ASX) Chart |