Volume was not that spectacular the last week of the financial year which might be a good indication of holders sentiment- it will go up. I for one do believe it is heading upwards and I sometimes wonder the sentiment to hold onto a 10-bagger, but everything is pointing in the right direction
The other thing is the price movement in the last 2 weeks of FY2023 was narrow- 19-22.5c; this first week there has been a lot of action, movement from 20.5 up to 27, that’s .5c below the last 12 months high. And a share price movement of 4c- that’s a 20% profit in a week- the big boys will start playing when we get above a MC of $500M.
We should be getting some news and more market exposure soon. I can only say be patient. I do believe there is a lot of upside on this price. Let’s hope the news is positive and there is significant improvement in the next 6 months!
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Last
10.3¢ |
Change
0.003(2.50%) |
Mkt cap ! $232.7M |
Open | High | Low | Value | Volume |
10.0¢ | 10.5¢ | 9.9¢ | $324.4K | 3.244M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 121614 | 10.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
10.5¢ | 1384003 | 22 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 121614 | 0.100 |
9 | 194457 | 0.099 |
5 | 229041 | 0.098 |
1 | 100000 | 0.097 |
3 | 134240 | 0.096 |
Price($) | Vol. | No. |
---|---|---|
0.105 | 1384003 | 22 |
0.110 | 2031779 | 21 |
0.115 | 701961 | 10 |
0.120 | 527913 | 7 |
0.125 | 316370 | 3 |
Last trade - 14.52pm 02/09/2024 (20 minute delay) ? |
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MEI (ASX) Chart |