With you on this @thedoors - the intent of the post was to provide a newbie with an idea of using the linkage between changes in share price and market cap as an indicator of potential investment value.
I expect that MEI will go well beyond $160M MC, with the polymetallic drilling starting this quarter, and follow up (2018?) drilling for Co. If anything, I am disappointed that the Co drilling has not yet been announced, as this would be a primary driver of short term value for MEI. I am here for the long haul, but of we made 106c I would find it hard not to cash the cheque.
cheers
BS
Mei, page-27
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Last
11.5¢ |
Change
0.005(4.55%) |
Mkt cap ! $263.4M | |||
| Open | High | Low | Value | Volume |
| 11.5¢ | 12.0¢ | 11.0¢ | $1.095M | 9.510M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 2371982 | 11.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.5¢ | 441163 | 7 |
View Market Depth
| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| MEI (ASX) Chart |