You pretty much answered your own Question ...why so heavily discounted? ... other reasons I could add is
>> Show me the money ..
.till FCF is flowing into MAYs bank acc .. I think many will sit on the sidelines esp when will have such a fearful market ...Bank term deposits now pay decent safe 5%+ returns ..wholesale punter rates near double that for a bit more risk ..
Bit harder to sell MAY shares to punters when WW3 could kick off etc ..
Personally, I like the RISK reward here esp as MAY has shown in the latest Qty they aren't wasting capital ..and won't need to raise till next year IMHO
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6.1¢ |
Change
0.013(27.1%) |
Mkt cap ! $205.5M |
Open | High | Low | Value | Volume |
4.9¢ | 6.1¢ | 4.9¢ | $769.4K | 13.80M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 111111 | 6.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
6.1¢ | 246576 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 111111 | 0.060 |
2 | 960588 | 0.059 |
2 | 518338 | 0.057 |
5 | 693714 | 0.056 |
3 | 656614 | 0.055 |
Price($) | Vol. | No. |
---|---|---|
0.061 | 246576 | 1 |
0.062 | 573358 | 5 |
0.063 | 647000 | 2 |
0.064 | 62752 | 1 |
0.065 | 25641 | 1 |
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