VMM is roughly 1/3 of MEI. Perhaps when our own scoping study is released, a more apples to apples comparison can be made between the two projects.
Speaking in completely hypothetical terms, let's assume MEI's share price remains unchanged until we complete our scoping study and Mr Market responds completely rationally (both highly unlikely). That would put our share price around $1.30.
Not exactly thrilled by the prospect, as that figure is still much lower than my average, but it's sure as hell better than where we are at now.
Back to $1.40 / $1.50 ?, page-319
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Last
68.0¢ |
Change
0.020(3.03%) |
Mkt cap ! $44.82M | |||
| Open | High | Low | Value | Volume |
| 67.0¢ | 68.0¢ | 66.0¢ | $9.177K | 13.63K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 8660 | 68.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 70.0¢ | 3000 | 1 |
View Market Depth
| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
| VMM (ASX) Chart |