By my very rough estimate, There were 200M shares sold on the way down from 17c; 80M of them from 13.5 to 10; But it has only taken 32M buying to bring it back up to 13.5c.
Whoever organised that Tree Shake is going to be well out of Pocket unless they can acquire another 120M before the SP hits 17c again ! Then add the cost of lost opportunity, ie If they had not dumped those 200M, they could possibly have been worth an additional 10c by now ~ As I said earlier by my very rough estimate they are currently down around $30-50M,
Must be Rocket scientists ?
General discussion (MEI), page-772
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Last
10.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $224.0M | |||
| Open | High | Low | Value | Volume |
| 10.0¢ | 10.5¢ | 9.9¢ | $161.3K | 1.604M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 314765 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 1231187 | 9 |
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| Last trade - 16.10pm 19/08/2024 (20 minute delay) ? |
| MEI (ASX) Chart |