If anyone can't visualise MAY getting to 10cents plus much more as it is been hanging around at these levels for awhile, then I suggest you have a look at IMU who have billions of shares on issue and it reached down below 4c recently, and looked dead in the water, with every H.C troll bagging the company relentlessly.
Once there was the right announcement that the big insto's could see as a positive change to the companies valuation, a re-rate follows, and then they will buy heavily and the price rises very fast.
This is exactly how I see MAY playing out with all the trolls running for cover after we go over 10c. Won't be much longer to go.
If anyone can't visualise MAY getting to 10cents plus much more...
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Last
3.5¢ |
Change
0.002(6.06%) |
Mkt cap ! $117.9M | |||
| Open | High | Low | Value | Volume |
| 3.3¢ | 3.6¢ | 3.3¢ | $577.5K | 16.92M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 1018559 | 3.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.5¢ | 1521853 | 6 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| MAY (ASX) Chart |