It’s 10 bags because on appraisal of 388 million barrels of oil which is a conservative number MAY owns 30 percent of these barrels meaning 126 million barrels with a further 1.8 billion barrels of oil remaining in alameda to appraisal.
That makes it around a 1.5 billion dollar market cap on appraisal of these initial barrels. 50cents a stock
May Chart, page-3970
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Last
2.2¢ |
Change
-0.001(4.35%) |
Mkt cap ! $74.14M | |||
| Open | High | Low | Value | Volume |
| 2.4¢ | 2.4¢ | 2.1¢ | $444.7K | 19.98M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 2048367 | 2.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.3¢ | 1402823 | 5 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| MAY (ASX) Chart |