It’s true that May is not obliged to put out announcements solely to reassure nervous holders. Announcements re Zapato were weekly to just under fortnightly, some were routine progress reports others reported the stuck drill string. A2 is an evaluation well, the market is not looking for oil shows and this is reflected in the pre-spud SP. We want to know the characteristics of the oil and the flow rates, despite the promise of weekly updates, if it takes longer to gather that information, then so be it.
It’s true that May is not obliged to put out announcements...
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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 |