While I believe there is big potential reward here, it all depends on the market and commodity price. A weak commodity price can put a lid on the sp, hence why MEI has been hovering around in the low 20s for a while, next MRE upgrade for them may fix that. I believe a $3 upwards to a $5 target for this year is realistic for now though.
MRE On Track For Q224 - Offtakes In Discussion, page-17
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Last
47.5¢ |
Change
0.015(3.26%) |
Mkt cap ! $34.15M | |||
| Open | High | Low | Value | Volume |
| 48.5¢ | 48.5¢ | 47.0¢ | $32.83K | 69.51K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1050 | 47.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 49.0¢ | 5660 | 1 |
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| Last trade - 15.46pm 08/11/2024 (20 minute delay) ? |
| VMM (ASX) Chart |