I was a holder until very recently and if the company starts to make meaningful progress I will buy in again.
endless exploration with no follow up will not make the price jump at this stage.
maybe the outcome of the exploration will make the price rise but the starting of exploration is not that meaningful, given how much exploration they have already done.
IMO if they lose the court case it will negatively effect SP but if they win I don’t think it will significantly improve the SP. I think that the court case could be expensive and I don’t know who will win so I think it’s a risk, and I don’t think I would be the only person with this opinion.
I have no stake in Barton and I’m not totally negative on MEU, but I can understand the drop in SP at the moment.
I really hope they manage to make some meaningful progress and make something of their potential.
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Last
3.8¢ |
Change
-0.002(5.00%) |
Mkt cap ! $41.28M |
Open | High | Low | Value | Volume |
4.0¢ | 4.0¢ | 3.8¢ | $23.58K | 615.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 270000 | 3.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.0¢ | 394194 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 270000 | 0.037 |
6 | 336027 | 0.036 |
3 | 240000 | 0.035 |
2 | 600000 | 0.033 |
2 | 287500 | 0.032 |
Price($) | Vol. | No. |
---|---|---|
0.040 | 394194 | 3 |
0.042 | 299540 | 2 |
0.044 | 207994 | 3 |
0.045 | 205833 | 1 |
0.046 | 500000 | 1 |
Last trade - 14.42pm 26/08/2024 (20 minute delay) ? |
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MEU (ASX) Chart |