No one took me seriously six months ago when I said this name was vulnerable to a takeover. Nothing I have read since changes my mind except the cement additive means the price will be 50c not 20! Expect more news on the concrete front soon
One form of defence is attack so I would like to see ADN bid for MEP to get 100% of the project. That will enhance the value.
Getting access ASAP to Camel Lake will help too.
As I have said previously, I would not be surprised if the DFS is delayed until Q1 2021.
This is a very good investment and MEP is incredibly cheap.
Ann: Notice of Annual General Meeting/Proxy Form, page-9
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Last
1.8¢ |
Change
0.002(12.5%) |
Mkt cap ! $55.98M | |||
| Open | High | Low | Value | Volume |
| 1.6¢ | 1.8¢ | 1.6¢ | $170.0K | 10.05M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 2380000 | 1.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.8¢ | 3676164 | 10 |
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| Last trade - 16.10pm 27/06/2024 (20 minute delay) ? |
| ADN (ASX) Chart |