And this person did the same thing on the IVZ forum.
For newbies, I really suggest you do your own research and NOT rely on pumpers who know absolutely nothing about the O&G sector.
I am Not suggesting MAY does not have the potential to rise - just that Appraisal is one of the most critical process - and its NOT a sure thing.
If it was so easy, everybody would be pouring millions of dollars on MAY and other explorers and wait for Nirvana.
And it wasn't so long ago (2 months), investors on the IVZ forum was boasting about their Lamborghini orders when the SP was 30 cents - now, they are wondering if they will ever see their capital back. And it wasn't so long ago, MAY had its own Million share club.
That is the nature of risk in this sector.
So investors (especially new ones) should do their own research and NOT follow blindly the ones who keep pumping the stock.
10.5 Wall, page-212
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Last
3.2¢ |
Change
0.002(6.67%) |
Mkt cap ! $107.8M | |||
| Open | High | Low | Value | Volume |
| 3.1¢ | 3.3¢ | 3.0¢ | $90.72K | 2.927M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 1456582 | 3.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.2¢ | 1279469 | 5 |
View Market Depth
| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| MAY (ASX) Chart |