MEI 4.35% 11.0¢ meteoric resources nl

Ann: Trading Halt, page-22

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  1. 5,063 Posts.
    lightbulb Created with Sketch. 189
    Usually the language is a give away. Usual CR lingo sounds like this

    " Pending an announcement regarding a Capital raising "
    from DTZ this morning.

    This is from MEI this morning
    " a proposed funding package to raise additional share capital "

    Proposed Funding Package sounds every bit like a proposal by some company or fund etc to MEI to have their foot in the door and for the company not to go down in price too much in this proposal compared to a straight S708 CR + SPP. There is a very slight chance of entitlements offer too like 3 for 10 at 5c or something like that to all existing. Most likely a cornerstone with deep pockets is my gut feeling.
 
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Last
11.0¢
Change
-0.005(4.35%)
Mkt cap ! $252.8M
Open High Low Value Volume
11.0¢ 11.0¢ 10.0¢ $500.4K 4.712M

Buyers (Bids)

No. Vol. Price($)
3 577565 10.5¢
 

Sellers (Offers)

Price($) Vol. No.
11.0¢ 574230 4
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Last trade - 16.10pm 12/11/2024 (20 minute delay) ?
MEI (ASX) Chart
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