“every oil exploration play i have ever seen” approaching options expiry comes under extremely strong headwinds….this is not a phenomenon specific to MAY, yet I’m always surprised at investors disbelief in the weak sp of a company with options close to expiry, it literally always plays out exactly like we are seeing. This is one reason that options are a bit of a pet hate of mine and why I very very rarely invest via options. As we get closer to expiry date this pressure will get stronger….but the great thing is it’s almost over, less than 2 weeks. Once Sept 10th is in the rear view mirror we should see a nice bounce back….regardless of Zapato outcome, what we have already uncovered at A-1 is worth at least a few multiples of the current sp but will take some time and patience to extract that value.
- Forums
- ASX - By Stock
- MAY
- May Chart
May Chart, page-2213
-
- There are more pages in this discussion • 10,681 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
|
|||||
Last
2.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $77.51M |
Open | High | Low | Value | Volume |
2.4¢ | 2.4¢ | 2.3¢ | $66.34K | 2.869M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 202048 | 2.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.4¢ | 2402925 | 15 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 202048 | 0.023 |
19 | 6451773 | 0.022 |
22 | 2253966 | 0.021 |
23 | 5412776 | 0.020 |
8 | 961198 | 0.019 |
Price($) | Vol. | No. |
---|---|---|
0.024 | 2402963 | 15 |
0.025 | 900000 | 2 |
0.026 | 2393955 | 9 |
0.027 | 1126611 | 3 |
0.028 | 1562711 | 10 |
Last trade - 14.38pm 26/07/2024 (20 minute delay) ? |
Featured News
MAY (ASX) Chart |