Yes a high amount of shares can hamper a good run 889m is largish but not that large (over 1b is staring to get too large for a decent wave run) plus the top 20 hold about a quarter of that....its TA traders that fuel a good breakout and they (we) dont really care about market cap..only momentum.
Chart, page-13
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Last
10.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $241.3M | |||
| Open | High | Low | Value | Volume |
| 11.0¢ | 11.0¢ | 10.5¢ | $91.44K | 855.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 1242379 | 10.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.0¢ | 708537 | 9 |
View Market Depth
| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| MEI (ASX) Chart |