Unfortunately I don't believe we will get to $9bn market cap as MEI will probably very likely be taken out well before then. The best we can hope for is an all out bidding war which pushes the price far above "fair value". Who knows what price that could be? I don't think serious bids will come until after our next JORC upgrade in the 2nd or 3rd Q now. There could be bids any time before then of course. Im personally a bit surprised we haven't seen at least 1 bid yet. Anything under 80c won't be taken seriously IMO (regardless of when).
Unfortunately I don't believe we will get to $9bn market cap as...
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Last
18.0¢ |
Change
-0.005(2.70%) |
Mkt cap ! $358.2M | |||
| Open | High | Low | Value | Volume |
| 19.0¢ | 19.0¢ | 18.0¢ | $735.9K | 4.011M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 31 | 4442736 | 18.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 18.5¢ | 616317 | 15 |
View Market Depth
| Last trade - 16.10pm 06/06/2024 (20 minute delay) ? |
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Last
18.5¢ |
Change
-0.005 ( 1.33 %) |
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| Open | High | Low | Volume | ||
| 18.5¢ | 18.8¢ | 18.0¢ | 1803698 | ||
| Last updated 15.59pm 06/06/2024 ? | |||||
| MEI (ASX) Chart |