It just looks like good old fashion buyer fatigue to me. The volumes and price action suggest that everyone who knows about MEI is either in the stock already or has decided to potentially buy in/ top up at lower levels. This is why these investor road shows (starting in Oz tomorrow) are crucial. New buyers, new investors, new interest. I am hoping this new interest hits fever pitch as the show rolls into North America next month...
It just looks like good old fashion buyer fatigue to me. The...
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Last
22.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $437.8M | |||
| Open | High | Low | Value | Volume |
| 22.0¢ | 22.5¢ | 22.0¢ | $223.5K | 1.011M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 113208 | 22.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.5¢ | 181663 | 7 |
View Market Depth
| Last trade - 16.10pm 06/05/2024 (20 minute delay) ? |
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Last
22.5¢ |
Change
0.000 ( 3.45 %) |
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| Open | High | Low | Volume | ||
| 22.0¢ | 22.5¢ | 21.5¢ | 412505 | ||
| Last updated 15.59pm 06/05/2024 ? | |||||
| MEI (ASX) Chart |