MEI 2.50% 10.3¢ meteoric resources nl

General discussion (MEI), page-119

  1. 2,780 Posts.
    lightbulb Created with Sketch. 1320
    MEI has been a traders stock for years. This is no different until this new project is completely proven. Majority of volume coming from traders, not long term holders, and there's a reason for that. Still think it will reach 8-10c this year, following the last 3 trajectories on an acquisition being a catalyst. Traders are just taking their huge profits, but I believe they will load up again to dump it at another 100% from here. Only way share price will go above and stay above the highs is if they finally deliver on a project they've purchased, otherwise long term investors will be left holding the bag for a fourth time. Also director remuneration needs to be massively cut down - it's not a good look for a company with nothing to show to date. But I don't see that happening. GLTA!

    IMO, DYOR.
 
watchlist Created with Sketch. Add MEI (ASX) to my watchlist
(20min delay)
Last
10.3¢
Change
0.003(2.50%)
Mkt cap ! $203.9M
Open High Low Value Volume
10.5¢ 10.5¢ 10.3¢ $154.3K 1.470M

Buyers (Bids)

No. Vol. Price($)
90 4451985 10.0¢
 

Sellers (Offers)

Price($) Vol. No.
10.5¢ 824276 11
View Market Depth
Last trade - 10.50am 30/07/2024 (20 minute delay) ?
MEI (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.