Where are all the brokers???
Although 99% of the jokers reading this are using an app to trade for the remaining 1% try calling a human broker and asking them about Melbana. (Of course you can ask your app if you like LMAO!)
At the risk of appearing like a smart arse they will tell you something a little bit like the following:
"Oh yeah Melbana thats the junior oiler searching in Cuba. Found some oil but nothing commercial so far."
Thats why this thing is stuck in the effing low 2s!!! The consensus with MAY is yes they have found oil but its NOT a commercial discovery. Certainly the brokers I've dealt with over the years would never recommend MAY to their clientele until that view changes. Too risky.
Ann: Pause in Trading, page-21
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Last
2.3¢ |
Change
0.002(9.52%) |
Mkt cap ! $77.51M | |||
| Open | High | Low | Value | Volume |
| 2.2¢ | 2.3¢ | 2.2¢ | $83.23K | 3.644M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 310691 | 2.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.4¢ | 3542587 | 7 |
View Market Depth
| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| MAY (ASX) Chart |