Guys the increase in the share price of over 100% in the last week or so has a lot to do with the fact that Bannerman Resources which has a Uranium project in Namibia is currently being offered to be taken over and MEY could be next IMO.
The nuclear industry is not going anywhere, its just had a bad rap from the incident in Japan. The share price should still run a fair bit here as it has been unjustly hammered. Good resource here and further drilling will increase the value here.
Currently grossly undervalued IMO!!
takeover target!!
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Last
37.5¢ |
Change
-0.005(1.32%) |
Mkt cap ! $115.6M | |||
| Open | High | Low | Value | Volume |
| 38.5¢ | 39.0¢ | 37.5¢ | $233.1K | 610.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 30053 | 37.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 38.0¢ | 4627 | 1 |
View Market Depth
| Last trade - 16.10pm 14/10/2024 (20 minute delay) ? |
| EL8 (ASX) Chart |