I caution about too much expectation. Some llike sharetraders want bang and get the heck out of here. I like it slow and steady with nice build up for a long lasting ending.
i say just chill as ASX closed today take a swim and enjoy the day to tame your expectation.
i hope for a long continuous run to 20c minimum. Lets face it if logs confirm the earlier drill an the flows are great on Alameda and Marti you really got to q
uestion if you really want to sell off so early. I wouuld wait three of these give things first 1) core samples 2) flow rates 3) 1st 5000 barrel oil production 4) McDaniels reports and 5) evidence of institutions .
Remember MAY is priced not to succeed and not been able to moneterise the oil but if we load a tanker that will dispell.
i write this for long termers who may be swayed to sell if this pops up like 2 to 3 cents and sells when once above is confirmed it could go from 10 to 30c.
I write because people like sharetraders wants to pump and exit and to high light thats is the way of day traders not long term investors. I said ill sell at 25 to 30c and that is my strategy for my 75%. Though i may exit 25% at 18c as trading parcel. Once we produce well f
Get to offset 250million spent of past cost and losses, pay low tax for 15 years and get divies for rest of oils life. Block 9 could be 60 year producer.
So look at the flow results not as an end but the beginning. AP has always stated be patient. Once producing a lot of companies will buy us out
- Forums
- ASX - By Stock
- Last Chance
I caution about too much expectation. Some llike sharetraders...
-
- There are more pages in this discussion • 8 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add MAY (ASX) to my watchlist
|
|||||
Last
2.2¢ |
Change
0.001(4.76%) |
Mkt cap ! $74.14M |
Open | High | Low | Value | Volume |
2.1¢ | 2.3¢ | 2.1¢ | $80.9K | 3.638M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
13 | 1893208 | 2.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.2¢ | 70000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 250000 | 0.022 |
14 | 2375339 | 0.021 |
27 | 4426419 | 0.020 |
5 | 829920 | 0.019 |
4 | 677480 | 0.018 |
Price($) | Vol. | No. |
---|---|---|
0.023 | 1045000 | 2 |
0.024 | 1416395 | 6 |
0.025 | 1289441 | 6 |
0.026 | 715955 | 4 |
0.027 | 100000 | 1 |
Last trade - 13.39pm 15/08/2024 (20 minute delay) ? |
Featured News
MAY (ASX) Chart |
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO & Managing Director
Charles Armstrong
CEO & Managing Director
SPONSORED BY The Market Online