Not many investors that havent lost a few dollars on MAY at this stage. I was fortunate to do a trade close to top a couple years back. However, most of.my.profits have now been given back at approximately 7cps reentry.
The directors have shown they have faith.. NED fees are not so high that they just throw 20 to 30k away. Unfortunately their credibility is damaged. Which if the reservoirs are damaged by an emulsion is not really expected to be foreseen by them. I personally doubt the deep reservoirs have the character to be producers.. That said downhole logging was done and surely they interpreted that correctly.
The 1b reservoir is bread and butter production reservoir for cuba. the shareprice will hopefully rise like a.pheonix from the ashes when they start making money.. They could start by doing share buybacks to tighten the stock up.and get volume happening again.
disclaimer; just my opinion so do your own research
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Last
2.7¢ |
Change
-0.001(3.57%) |
Mkt cap ! $90.99M |
Open | High | Low | Value | Volume |
2.9¢ | 2.9¢ | 2.7¢ | $87.74K | 3.087M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 848777 | 2.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.9¢ | 284679 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 848777 | 0.027 |
3 | 98379 | 0.026 |
8 | 3469000 | 0.025 |
7 | 2024166 | 0.024 |
8 | 1123578 | 0.023 |
Price($) | Vol. | No. |
---|---|---|
0.029 | 284679 | 3 |
0.030 | 1005727 | 5 |
0.031 | 3034526 | 3 |
0.032 | 1727605 | 7 |
0.033 | 1466600 | 4 |
Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
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