the “obvious” thing is obviously for everyone to do is follow the US tech market unwinding the crazy tech company valuations and therefore sell an oil and gas prospector cheaper!
I agree though that traders will throw the baby out with the bath water at any opportunity… so it’s possible. It’s also possible learned o&g participants will be taking advantage of the market conditions and the crazy cheap entry possible to buy up May. So I won’t be surprised at all if we are back attacking the 10 line today. Let’s see.
the “obvious” thing is obviously for everyone to do is follow...
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Last
2.3¢ |
Change
0.002(9.52%) |
Mkt cap ! $77.51M | |||
| Open | High | Low | Value | Volume |
| 2.2¢ | 2.3¢ | 2.2¢ | $83.23K | 3.644M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 310691 | 2.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.4¢ | 3542587 | 7 |
View Market Depth
| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| MAY (ASX) Chart |