“If the next update is not what everyone expects, it would be hard to catch this exodus before 3.5c again”……I’m not sure you understand the value already underpinned by the discovery. There will always be risk of complications in O&G exploration/testing, however, finding large quantities of OIP was a major derisking event. If there was an exodus to below 3.5c due to expectations not being met on this maiden well, I would quite literally sell everything I own to buy MAY, plain and simple.
“this stock has had daily swings in price of 9 - 10 cents a day on luke warm news and updates”……No, it absolutely has not.
You seem a bit wet behind the ears.
May Train has just pulled into Risk verse Reward Station, page-308
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Last
2.3¢ |
Change
-0.003(11.5%) |
Mkt cap ! $77.51M | |||
| Open | High | Low | Value | Volume |
| 2.5¢ | 2.6¢ | 2.3¢ | $124.0K | 5.095M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 2808380 | 2.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.4¢ | 339712 | 5 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| MAY (ASX) Chart |