Hi TC,
People here are always talking about "how much oil we have on the ground" and do some math to calculate the expected share price, but hey, the oil has been there for thousands years and we declared the "world significant discovery" 2 years ago, the share price along the way simply approves that the market don't care(apart from traders pump&dump), now we are at the end stage of exploration, the company has released all the data that they have from previous announcements. I just can not see anything surprising that will instantly bump the share price 6X, if this is a decent discovery, at least the share price should steady increase during the exploration process right?
Hi TC,People here are always talking about "how much oil we have...
Add MAY (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
7.0¢ |
Change
0.005(7.69%) |
Mkt cap ! $229.1M | |||
| Open | High | Low | Value | Volume |
| 6.6¢ | 7.0¢ | 6.6¢ | $736.4K | 10.84M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 217420 | 6.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 7.0¢ | 199996 | 2 |
View Market Depth
| Last trade - 16.10pm 04/06/2024 (20 minute delay) ? |
|
|||||
|
Last
6.9¢ |
Change
0.005 ( 7.81 %) |
||||
| Open | High | Low | Volume | ||
| 6.7¢ | 7.0¢ | 6.7¢ | 6178915 | ||
| Last updated 15.59pm 04/06/2024 ? | |||||
| MAY (ASX) Chart |