MEI has been a traders stock for years. This is no different until this new project is completely proven. Majority of volume coming from traders, not long term holders, and there's a reason for that. Still think it will reach 8-10c this year, following the last 3 trajectories on an acquisition being a catalyst. Traders are just taking their huge profits, but I believe they will load up again to dump it at another 100% from here. Only way share price will go above and stay above the highs is if they finally deliver on a project they've purchased, otherwise long term investors will be left holding the bag for a fourth time. Also director remuneration needs to be massively cut down - it's not a good look for a company with nothing to show to date. But I don't see that happening. GLTA!
IMO, DYOR.
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Last
15.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $308.4M |
Open | High | Low | Value | Volume |
15.5¢ | 16.0¢ | 15.5¢ | $376.9K | 2.418M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
13 | 328470 | 15.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
16.0¢ | 446158 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
12 | 318470 | 0.155 |
34 | 1582353 | 0.150 |
6 | 412475 | 0.145 |
10 | 490900 | 0.140 |
4 | 417000 | 0.135 |
Price($) | Vol. | No. |
---|---|---|
0.160 | 446158 | 6 |
0.165 | 380081 | 7 |
0.170 | 516811 | 9 |
0.175 | 584924 | 3 |
0.180 | 150000 | 1 |
Last trade - 16.10pm 27/06/2024 (20 minute delay) ? |
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