ASX companies manage their capital needs by managing, in part, their sources of capital.
Did MAY assist its capital sources by creating an exit for them with a carefully worded and orchestrated release of information yesterday? The purpose would be to access their capital at a later date and at a lower price than their exit. I don’t know the answer. But it’s possible.
Ann: Alameda-2 - Successful Flow Test of Lighter Oil to Surface, page-323
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Last
2.2¢ |
Change
-0.001(4.35%) |
Mkt cap ! $74.14M | |||
| Open | High | Low | Value | Volume |
| 2.4¢ | 2.4¢ | 2.1¢ | $444.7K | 19.98M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 2048367 | 2.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.3¢ | 1402823 | 5 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| MAY (ASX) Chart |