Current Market Value = $21,370,000
Current Share Price. = 0.014c
Value of $30m in bank = $30,000,000 + MEI
New Share Value. = 0.02c + MEI
Additional Value of not paying a dividend
1) We know that we won't need a cap raise for a while.
2) This economy has unveiled numerous underpriced opportunities which just need cash and we have that cash.
3) The future for Gold builds daily as the world around us becomes more and more uncertain.
MEI is now worth at least .02c plus the above opportunities, plus our current assets, plus the depth of intellectual value in our board and management.
Dividend or Invest ?
I had the cash yesterday and invested it here because I believe this mob can get a far better return from here than my bank is offering me, please no dividend.
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Last
18.5¢ |
Change
-0.010(5.13%) |
Mkt cap ! $368.1M |
Open | High | Low | Value | Volume |
19.5¢ | 19.5¢ | 18.5¢ | $279.1K | 1.480M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
17 | 1222195 | 18.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
19.0¢ | 380918 | 16 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
16 | 1216190 | 0.185 |
31 | 5467811 | 0.180 |
19 | 1477304 | 0.175 |
28 | 1223153 | 0.170 |
7 | 812727 | 0.165 |
Price($) | Vol. | No. |
---|---|---|
0.190 | 366918 | 15 |
0.195 | 338377 | 10 |
0.200 | 593055 | 16 |
0.205 | 520649 | 8 |
0.210 | 974413 | 10 |
Last trade - 16.10pm 29/05/2024 (20 minute delay) ? |
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Last
18.5¢ |
  |
Change
-0.010 ( 2.63 %) |
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Open | High | Low | Volume | ||
19.3¢ | 19.5¢ | 18.5¢ | 914510 | ||
Last updated 15.59pm 29/05/2024 ? |
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MEI (ASX) Chart |