I think investors have misread this latest stunning globally significant result on Alameda resource of an additional 2.3 barrells in place of oil plus previous announced 2.4 bblls in structure 1 Armistad
Why i think MAY and MAYO is undervalued and a stunning buy:
Right Trend :Oil is in massive demand
Right Location :Block 9 in Cuba has found massive oil in three structures Armistad, Alameda and Marti - 4.8 billion found . Await Marti resource.
Right Management : AP and Geos are great albeit not good in writing clear announcements
Right Time : Its time for high oil price
and most importantly
Wrong share price : May and Mayo opppies are so cheap I could cry.
Excludes Zapato , Beehive .
I think investors have misread this latest stunning globally...
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Last
2.4¢ |
Change
0.001(4.35%) |
Mkt cap ! $80.88M | |||
| Open | High | Low | Value | Volume |
| 2.4¢ | 2.4¢ | 2.3¢ | $68.51K | 2.960M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 338720 | 2.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.4¢ | 2244796 | 10 |
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| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| MAY (ASX) Chart |