I know one of their analysts through a share trading group, I had him interested since the original discovery. The valuation is more based on market cap and not valuation per barrel of oil. It's materially above the current share price.
I think once we know flow rates, recoveries and new reserve figures we will get our material readjustment.
Best of luck holders
May Chart, page-8036
Add MAY (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
3.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $107.8M | |||
| Open | High | Low | Value | Volume |
| 3.0¢ | 3.2¢ | 3.0¢ | $25.49K | 821.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 114224 | 3.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.2¢ | 1202757 | 5 |
View Market Depth
| Last trade - 16.10pm 11/11/2024 (20 minute delay) ? |
| MAY (ASX) Chart |