The reason there's no excitement is that there is still risk, and it is not insubstantial. Once there is a well flowing, the risk issue is answered. But I understand that MAY and what it has been in the past has a long and sad history of drilling lots of holes and burning a lot of money. They need to now move to being a producer to show it can be done and oil in the ground is not where the money is.
Ann: Quarterly Activities Summary-Period Ended 30 June2022, page-155
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Last
2.7¢ |
Change
-0.001(3.57%) |
Mkt cap ! $90.99M | |||
| Open | High | Low | Value | Volume |
| 2.9¢ | 2.9¢ | 2.7¢ | $87.74K | 3.087M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 848777 | 2.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.9¢ | 284679 | 3 |
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| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
| MAY (ASX) Chart |