Floated late last year at 25c currently trading around 8c! Quaterly reveals cash in bank over $14M. Pro-forma balance sheet in prospectus shows liabilities of just $400k. Based on 120m shares thats about 12c cash per share.
Now let me get this straight. I fork out $1 (at 8c) for MEU shares and get back a piece of their bank account worth almost $1.40. Thats around $1.40 CASH for every dollar I punt.
Drilling starts late first quarter which is a mere 6 weeks or so away.
I'm in!
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Last
4.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $51.06M |
Open | High | Low | Value | Volume |
4.7¢ | 4.7¢ | 4.7¢ | $2.759K | 58.70K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 152252 | 4.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.7¢ | 810706 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 96697 | 0.045 |
4 | 109918 | 0.044 |
2 | 123250 | 0.043 |
3 | 235713 | 0.042 |
2 | 420000 | 0.041 |
Price($) | Vol. | No. |
---|---|---|
0.047 | 810706 | 4 |
0.048 | 1170000 | 4 |
0.049 | 1195741 | 4 |
0.050 | 237267 | 3 |
0.051 | 11851 | 1 |
Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
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