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
15.8¢ |
Change
0.003(1.61%) |
Mkt cap ! $308.4M | |||
| Open | High | Low | Value | Volume |
| 15.5¢ | 16.0¢ | 15.5¢ | $189.4K | 1.213M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 22 | 2682877 | 15.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.0¢ | 1425060 | 29 |
View Market Depth
| Last trade - 13.40pm 27/06/2024 (20 minute delay) ? |
| MEI (ASX) Chart |