Agree with your MAY comments. I acquired some more @ 7.5c bringing av buy price up to 3.9 and prepared to wait awhile even though it may drop lower coming weeks. Good for day traders making some coin here and there but it's not the big picture. Better than over promising with media hype, although admittedly AP has been very quiet at times.
I am still amazed how some people view energy projects to be discovered, proven, developed & profits shared in the short term like a pot of gold. I was roasted in an IVZ HC thread for mentioning careful workings still required for infrastructure to get their gas to market as some actually see it will be a breeze. The nuts and bolts design & quality supply do matter as there is no quick switch off and on. At many levels we are seeing the detail of MAY as the Operator of Block 9. And if they stuff it up in the technical, environmental or legal sphere they risk forfeiture of the rights from the Cuban Govt and we all fail. It does take time, expertise and effort to make it all happen. I was more than a decade at the petrochemicals end of the chain dealing with the feedstock and it is anything but simple. The fact this field is not mickey mouse like so many other onshore fields is very attractive to any distributor and end user especially being close to existing port facilities.
Best for Christmas & New Year 2024
GLTAHs
- Forums
- ASX - By Stock
- Ann: Investor Webinar Presentation
Agree with your MAY comments. I acquired some more @ 7.5c...
- There are more pages in this discussion • 26 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add MAY (ASX) to my watchlist
(20min delay)
|
|||||
Last
5.0¢ |
Change
-0.005(9.09%) |
Mkt cap ! $168.5M |
Open | High | Low | Value | Volume |
5.5¢ | 5.6¢ | 4.3¢ | $1.018M | 20.65M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 49793 | 5.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.1¢ | 20349 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 49793 | 0.050 |
4 | 503979 | 0.049 |
1 | 50000 | 0.048 |
6 | 566992 | 0.047 |
3 | 288111 | 0.046 |
Price($) | Vol. | No. |
---|---|---|
0.051 | 20349 | 1 |
0.052 | 320000 | 2 |
0.054 | 100000 | 1 |
0.055 | 350000 | 3 |
0.056 | 398000 | 4 |
Last trade - 16.10pm 02/05/2024 (20 minute delay) ? |
|
|||||
Last
5.1¢ |
  |
Change
-0.005 ( 7.27 %) |
|||
Open | High | Low | Volume | ||
5.6¢ | 5.6¢ | 4.3¢ | 9945213 | ||
Last updated 15.59pm 02/05/2024 ? |
Featured News
MAY (ASX) Chart |
The Watchlist
RDN
RAIDEN RESOURCES LIMITED
Dusko Ljubojevic, MD
Dusko Ljubojevic
MD
SPONSORED BY The Market Online