$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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11.0¢ |
Change
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Mkt cap ! $218.9M | |||
| Open | High | Low | Value | Volume |
| 11.0¢ | 11.5¢ | 10.5¢ | $771.2K | 7.171M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 29 | 1899185 | 10.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.0¢ | 3319919 | 24 |
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