Macro isn't looking good either. More money will flow out of MAY imo as it is speculative now (300 barrels a day per well) with no current rig to drill, dwindling funds, expensive management.Doubt it holds 1.8. Already seeing the rotation into safer investments. Glad I sold at 2.5c. Took a huge loss (270k) that's what I get for believing in AP after all his shenanigans and dishonesty.
Lesson learned. No matter how good the resource is if the management is crap do not invest! All these new expensive hires got everyone excited? Complete waste of money. Time to start cutting staff
Macro isn't looking good either. More money will flow out of MAY...
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Last
2.9¢ |
Change
0.010(52.6%) |
Mkt cap ! $97.73M | |||
| Open | High | Low | Value | Volume |
| 2.3¢ | 3.4¢ | 2.3¢ | $2.028M | 70.35M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 2313479 | 2.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.0¢ | 539029 | 2 |
View Market Depth
| Last trade - 16.10pm 11/09/2024 (20 minute delay) ? |
| MAY (ASX) Chart |