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.
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MEI
meteoric resources nl
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4.17%
!
11.5¢

Ann: Capao do Mel Resource Update Doubles Caldeira M&I Resources, page-8
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Last
11.5¢ |
Change
-0.005(4.17%) |
Mkt cap ! $268.7M |
Open | High | Low | Value | Volume |
12.0¢ | 12.5¢ | 11.5¢ | $819.2K | 6.934M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 11815 | 11.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
12.0¢ | 44423 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 11815 | 0.115 |
23 | 1887368 | 0.110 |
10 | 1018495 | 0.105 |
25 | 1067371 | 0.100 |
4 | 454025 | 0.099 |
Price($) | Vol. | No. |
---|---|---|
0.120 | 22000 | 1 |
0.125 | 1765585 | 14 |
0.130 | 1705827 | 17 |
0.135 | 1036266 | 16 |
0.140 | 2996280 | 20 |
Last trade - 16.10pm 04/07/2025 (20 minute delay) ? |
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