Hi Bratty, I can see your point also.
There is a constant 30 million worth of buy orders from 10 cents to 12 cents.
MAY certainly has a foundation at this level, its either built imho on Issue raise at 12 cents (creating a shelf for it to sit on), my honest feeling its based on 380mill' market Cap. This is a very comfortable Market CAP value based on what we have found up to date without any flow testing.
Also our Cash reserves.
If its bad news please dont get me wrong this level will not hold for a short period because people have invested/gambled thinking this was a sure thing.
But if this senario plays out and another stampede its a very good buying opportunity long term.
Option buyers have no choice atm in my opinion other than to hold the heads up. Today they were 1 cent higher than the heads.
As the inner gambler in myself, this is starting to become like betfair. So many opportunities can playout even on bad news.
The greatest assett MAY has even tho its burnt alot of investors in the past, it can turn on a dime and gold can be raining down within days.
DYOR,
- Forums
- ASX - By Stock
- May Train has just pulled into Risk verse Reward Station
Hi Bratty, I can see your point also.There is a constant 30...
-
-
- There are more pages in this discussion • 62 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add MAY (ASX) to my watchlist
|
|||||
Last
2.3¢ |
Change
-0.001(2.17%) |
Mkt cap ! $77.51M |
Open | High | Low | Value | Volume |
2.4¢ | 2.4¢ | 2.3¢ | $38.18K | 1.651M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 139999 | 2.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.1¢ | 140000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 17782 | 0.024 |
9 | 1312417 | 0.022 |
15 | 2343584 | 0.021 |
21 | 3971251 | 0.020 |
6 | 1029920 | 0.019 |
Price($) | Vol. | No. |
---|---|---|
0.023 | 380000 | 4 |
0.024 | 4480550 | 10 |
0.025 | 1295997 | 9 |
0.026 | 2095955 | 3 |
0.027 | 1000000 | 1 |
Last trade - 15.34pm 19/08/2024 (20 minute delay) ? |
Featured News
MAY (ASX) Chart |