Go wash the car, now the lawn or anything but watch the SP. This stock is volatile and expectedly so considering it is a Explorer and not a Producer yet!
The good news is that it is sitting on one of the biggest oil discoveries this year and with time and the right equipment it will transition to a producer.
Once this happens the SP will become less volatile and will be based on financial fundamentals.
If its a quick buck you are after then sell on next announcement or when Zapato strikes oil as well.
SP prediction for what it's worth 50c by end of year and $1 by end of 2023/24.
May Train has just pulled into Risk verse Reward Station, page-193
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Last
3.0¢ |
Change
-0.001(3.23%) |
Mkt cap ! $101.1M | |||
| Open | High | Low | Value | Volume |
| 3.1¢ | 3.1¢ | 3.0¢ | $5.095K | 169.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 674779 | 3.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.1¢ | 226460 | 3 |
View Market Depth
| Last trade - 11.31am 04/11/2024 (20 minute delay) ? |
| MAY (ASX) Chart |