coto
You're probably right re MEU dropping to near CR price but regarding yr comment of your others being down 30% in last 2 months, it's not just companies who've done CRs that have been hammered. Oz Minerals, arguably the most stable, successful Cu/Au miner on ASX is down 26% ($23 to $17) over last 2 months. OZL had no CR and have done nothing specifically wrong other than have their commodity prices fall and their costs increase. It's the whole resources market atm unfortunately.
I have a broad portfolio of 23 ASX resource stocks and most have been similarly hammered over last 2 months. Silver lining is good buying atm if you have some spare cash and have an investment horizon beyond 12 months. Unfortunately I don't have very much of that atm but still managed to scrape some together to take part in CR today as it seems like a good deal. Good luck all holders ...
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Last
4.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $47.80M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 12500 | 4.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.4¢ | 265715 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 12500 | 0.044 |
5 | 219131 | 0.041 |
8 | 844600 | 0.040 |
2 | 75640 | 0.039 |
1 | 20000 | 0.038 |
Price($) | Vol. | No. |
---|---|---|
0.044 | 265715 | 3 |
0.045 | 434915 | 4 |
0.046 | 1000000 | 2 |
0.047 | 122000 | 1 |
0.048 | 1250000 | 4 |
Last trade - 07.09am 31/07/2024 (20 minute delay) ? |
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MEU (ASX) Chart |
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