MEI has been a traders stock for years. This is no different until this new project is completely proven. Majority of volume coming from traders, not long term holders, and there's a reason for that. Still think it will reach 8-10c this year, following the last 3 trajectories on an acquisition being a catalyst. Traders are just taking their huge profits, but I believe they will load up again to dump it at another 100% from here. Only way share price will go above and stay above the highs is if they finally deliver on a project they've purchased, otherwise long term investors will be left holding the bag for a fourth time. Also director remuneration needs to be massively cut down - it's not a good look for a company with nothing to show to date. But I don't see that happening. GLTA!
IMO, DYOR.
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Last
9.1¢ |
Change
-0.004(4.21%) |
Mkt cap ! $206.6M |
Open | High | Low | Value | Volume |
9.5¢ | 9.5¢ | 9.0¢ | $447.4K | 4.904M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
21 | 1845822 | 9.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
9.2¢ | 102829 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
20 | 1835322 | 0.090 |
7 | 236952 | 0.089 |
7 | 343831 | 0.088 |
2 | 6160 | 0.087 |
4 | 303278 | 0.086 |
Price($) | Vol. | No. |
---|---|---|
0.092 | 102829 | 4 |
0.093 | 10000 | 1 |
0.094 | 100000 | 1 |
0.095 | 964918 | 6 |
0.097 | 100000 | 1 |
Last trade - 16.10pm 04/09/2024 (20 minute delay) ? |
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