I'm hoping we'll get an update on MEG business strategy and execution plan soon. I'm going to continue to hold knowing I don't fully understand massive spike in sp + daily volume and things should become more clear over coming weeks and months.
Positives:
Placement / Capital Raise is finally done - I was little worried with current situation in Ethiopia and decline in sp and average daily volume over past 18 months.
US REE project looks really good - With updated SOI and market cap, what is MEG enterprise value ??
Daily Volume on Thursday 14th April and even todays volume broke all records since IPO. Is it a short-term spike?
Ann: MEG to Acquire US High-Grade Rare Earth Element Project, page-17
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Last
1.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $2.799M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 425218 | 1.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.2¢ | 76921 | 1 |
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| Last trade - 16.12pm 05/08/2024 (20 minute delay) ? |
| MEG (ASX) Chart |
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