The trading of the last 24 hours (and the massive drop in share price for no apparent substantive reason) shows clearly and conclusively that there should be a Trading Halt pending the next Announcement of assay results. Getting close to a highly anticipated announcement this is the only sure way to protect holders and to thus ensure a level playing field for ALL.
You will notice that LEG very sensibly just did this when it seemed they may be be making a major announcement after assay results - and even went into Voluntary Suspension when they had to wait a bit longer for the results. This ensures that idle talk about possible leaks (which does the MEI Management no favours at all!) cannot happen and that 'games' and clever manipulation cannot occur. Of course, its all a bit damned late now that the price has been decimated [read into this seething anger] - but really A TRADING HALT NOW IS THE ONLY FAIR THING TO ALL HOLDERS.
Call For a Trading Halt Now
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 (20min delay)
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Last
22.5¢ |
Change
0.005(2.27%) |
Mkt cap ! $447.7M | |||
| Open | High | Low | Value | Volume |
| 22.0¢ | 22.5¢ | 21.5¢ | $339.8K | 1.539M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 128758 | 22.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.5¢ | 263979 | 7 |
View Market Depth
| Last trade - 16.10pm 26/04/2024 (20 minute delay) ? |
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Last
22.0¢ |
Change
0.005 ( 0.05 %) |
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| Open | High | Low | Volume | ||
| 22.0¢ | 22.3¢ | 21.8¢ | 365595 | ||
| Last updated 15.57pm 26/04/2024 ? | |||||
| MEI (ASX) Chart |