Manipulation wont affect a takeover offer which is how most small caps are going to make it out of this slump. But its not limited to MAY (the general trend down on limited news) just looked at other small / mid caps we are being decimated. Meanwhile the american tech market pumps to new ATHs as well as crypto. Clearly we are in a risk on environment so im not sure why the ASX is suffering. Maybe ASX players are pulling out of small / mid caps into american tech / crypto?
Either way good luck holding Melbana down if marti and alameda flows. From memory AP said his got banks on the sidelines watching and the man was a former banker himself no doubt his got the connections they are most likely just waiting on these results to derisk their future investments. If youve waited 2 years you can wait 2-3 more months.
Cuba Block 9: Alameda-3 Drilling Update 29 February 2024, page-73
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Last
5.0¢ |
Change
-0.003(5.66%) |
Mkt cap ! $168.5M | |||
| Open | High | Low | Value | Volume |
| 5.3¢ | 5.3¢ | 4.8¢ | $412.2K | 8.234M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 102020 | 4.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.1¢ | 434833 | 1 |
View Market Depth
| Last trade - 16.10pm 13/05/2024 (20 minute delay) ? |
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Last
5.0¢ |
Change
-0.003 ( 3.85 %) |
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| Open | High | Low | Volume | ||
| 5.2¢ | 5.2¢ | 4.8¢ | 2279268 | ||
| Last updated 15.56pm 13/05/2024 ? | |||||
| MAY (ASX) Chart |