It could be the lab rats, or it could be technical as I previously pointed out MEI was hammered and due for a rebound. But it could also be this: https://unauthorised investment adv...he-latest-news-driving-battery-metals-stocks/ ...
"Platts Analytics research shows that by 2025 in the European Union we’ll have about 30 per cent EV [electric vehicle] penetration, China 15 per cent and the US 8 per cent,” Marcel Goldenberg said.
“That compares to 1 to 3 per cent as of 2018.”
And the supply of cobalt will need to more than double to meet demand from electric car makers, the boss of Canadian cobalt play Cobalt 27 told Bloomberg this week"
MEI is listed in the table at the end of the article, looking very attractive may I add.
I feel a little rain already, bring your umbrellas next week folks!
It could be the lab rats, or it could be technical as I...
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Last
14.0¢ |
Change
-0.005(3.45%) |
Mkt cap ! $278.6M | |||
| Open | High | Low | Value | Volume |
| 14.5¢ | 14.5¢ | 13.5¢ | $402.2K | 2.875M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 21 | 1467526 | 13.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.0¢ | 834490 | 4 |
View Market Depth
| Last trade - 16.10pm 16/07/2024 (20 minute delay) ? |
| MEI (ASX) Chart |