this MRE appears to be as expected. Market likes surprises though.
that said it is technically around 38% of MEI with slightly higher MREO..
based on peer comparison we should have a floor around $150m or about $2.40.
I think VMM will have a better SS then MEI.
will it happen though?
Ann: Globally Significant Maiden MRE for Colossus IAC Project, page-22
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Last
62.0¢ |
Change
-0.015(2.36%) |
Mkt cap ! $40.87M | |||
| Open | High | Low | Value | Volume |
| 65.0¢ | 65.3¢ | 59.0¢ | $55.77K | 88.84K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2358 | 62.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 65.5¢ | 5000 | 1 |
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| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| VMM (ASX) Chart |