$3,00 a share equates to a market cap in excess of $4 billion. Would need some substantial good news to get there.
I personally think 50-100c in the next 18 months is achievable, if the news remains good and a smallish capital raising of less than $200M to install plant and obtain revenue.
General discussion (MEI), page-1106
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18.0¢ |
Change
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Mkt cap ! $358.2M | |||
| Open | High | Low | Value | Volume |
| 17.0¢ | 19.0¢ | 16.8¢ | $917.7K | 5.145M |
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| No. | Vol. | Price($) |
|---|---|---|
| 12 | 350242 | 17.5¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 18.0¢ | 554950 | 2 |
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