Since my last post 3 weeks back, MEI has done more range bound trading but in a slightly positive way, a touch of 25 as well. Though overall still positive, but not much significantly different. Since it first hit 20 just over 4 months back, it reached 27.5 in couple of weeks in May, made 500m market cap, but has not been able to break that level for quite sometime. I don't know the reason or significance, but watching price action I can see that and have been calling out regularly. May be one day it just bursts thru.
I have still not bought in, as no clear direction and also my other sector Uranium is on a tear and has kept me busy there.
For those interested how MEI is tracking against other REE stocks or who hold multiple REE stocks, I do a Weekly Report across 26 ASX REE stocks. It has got Weekly/Yearly data how stocks are tracking. I also have commentary across general markets and sector. Those just holding specific stocks, it may not be relevant, so please ignore.
Here is the report for this week.
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https://hotcopper.com.au/threads/enr-weekly-report.7575014/#post-69886776
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Last
10.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $224.0M |
Open | High | Low | Value | Volume |
10.0¢ | 10.5¢ | 10.0¢ | $278.0K | 2.750M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 176147 | 10.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
10.5¢ | 765919 | 10 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 153147 | 0.100 |
2 | 247873 | 0.099 |
3 | 220204 | 0.098 |
1 | 100000 | 0.097 |
4 | 139740 | 0.096 |
Price($) | Vol. | No. |
---|---|---|
0.105 | 744019 | 9 |
0.110 | 1218351 | 14 |
0.115 | 584224 | 7 |
0.120 | 377913 | 6 |
0.125 | 316370 | 3 |
Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
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