Maybe MEI shareholders are selling down some of their holdings and relocating to RDM (Red Metal) after their cracking announcement yesterday. However, I think the global negative sentiment on rare earths is more likely to be the driver along with possible retail shareholder burn out / boredom after good announcement after good announcement and the share price seemingly range bound for quite a period despite the constant stream of good news.
General discussion (MEI), page-4285
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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¢ | 10.0¢ | $278.0K | 2.750M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 176147 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 765919 | 10 |
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| Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
| MEI (ASX) Chart |