You need to look at the price of the underlying commodity to understand what is happening here. Rare earth prices are getting smashed. Just look at any listed RE stock and you can see the impact this is having. If the RE price was gong the other way MEI would be close to 40 or 50c IMO.
MEI Price at posting:
17.8¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)