Its funny if MEI was trading at 28c and heading up in the short term people would be in a hurry to buy, but when the sp is drifting lower no one is in a hurry to buy.... welcome to the psychology of the market...
Its interesting that WA1 is so much further from production than MEI but everyone has been in a hurry to buy that..... risk to reward there aren't many better right now in the rare earth space than MEI..... I guess the market will wait and see what the scoping study within a month delivers....
Everyone isnt in a hurry to buy until they all are....
Ann: Environmental Permitting Update for Caldeira REE Project, page-13
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Last
10.3¢ |
Change
-0.003(2.38%) |
Mkt cap ! $235.3M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 10.5¢ | 10.0¢ | $136.9K | 1.326M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 38 | 3063989 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 1007539 | 25 |
View Market Depth
| Last trade - 12.22pm 04/10/2024 (20 minute delay) ? |
| MEI (ASX) Chart |