Personally I am not in it for Zapato would have sold along time ago, I am still in because of the Alamaeda-1 oil discovery which is onshore, close to oil production infrastructure, can be developed quickly and cheaply, it will be a big cash cow for MAY for many years to come. When we drill the production oil well of Amistad after Zapato and the flow rates are good, which all indications are they will be good, as they had good pressures. IMO it will go to 30c quick smart.
Ann: Zapato-1 Drilling Update, page-460
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3.2¢ |
Change
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Mkt cap ! $107.8M | |||
| Open | High | Low | Value | Volume |
| 3.0¢ | 3.2¢ | 3.0¢ | $25.49K | 821.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 114224 | 3.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.2¢ | 1202757 | 5 |
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| MAY (ASX) Chart |