Share price targets for MAY are as follows and the reason this will continue running
1. 9 cents makes this a 300 million market cap with a movable hydrocarbon system and 6.5 billion barrels. 88e 200 million market cap with no oil discovery, IVZ 300 million market cap with no oil discovery.
2. 12 cents a 400 million market cap- WGO appraised 32 million barrels of oil and valued at around 400 million market cap. MAY 126 million barrels of oil
3.18 cents makes this a 600 million market cap - STX have appraised 42 million barrels of oil as of August this year and market cap was 700 million at that time. MAY 126 million barrels of oil
This will continue to rerate and has an upside of north of 1.5 billion dollars which is 50 cents a stock on appraisal
May Chart, page-4116
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Last
3.3¢ |
Change
-0.028(45.9%) |
Mkt cap ! $111.2M | |||
| Open | High | Low | Value | Volume |
| 6.1¢ | 6.3¢ | 3.2¢ | $3.849M | 101.0M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 3966517 | 3.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.3¢ | 1034998 | 2 |
View Market Depth
| Last trade - 16.10pm 27/06/2024 (20 minute delay) ? |
| MAY (ASX) Chart |