A fair EV/2P on MAY should be about $5 - and we are expecting mean case of 119m barrels = $600m cap or >3x here. That's just the upper sheet, not even our primary target. This is likely to triple if we get more oil in the other two sections.
I am not selling here. I will sell when there's good news, and buy when there's bad news.
May Train 5.8 cents express to 17 cents-stand clear please, page-7
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Last
4.1¢ |
Change
-0.002(4.65%) |
Mkt cap ! $138.1M | |||
| Open | High | Low | Value | Volume |
| 4.2¢ | 4.3¢ | 4.1¢ | $184.4K | 4.395M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 946604 | 4.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.2¢ | 250000 | 1 |
View Market Depth
| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| MAY (ASX) Chart |