MEI 9.52% 11.5¢ meteoric resources nl

No major change in trading pattern and sp this week..Yes this...

  1. 5,057 Posts.
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    No major change in trading pattern and sp this week.
    .
    Yes this week again it traded in similar fashion to last couple of months. The good part, we finished at 22.5, higher than 21 of last week. The not so good part, we made a lower high of 24 compared to last 2 weeks. But I think, this is just statistical and nothing of great significance.
    .
    So those controlling the price have continued with their business as usual. It's a mystery what their motive is, where they want to take it. But big traders are in control, sometime we see 1 or 2 line wipes in succession. I did mention about possible CR mid week, but as someone commented, it's unlikely. So although probability may be low, still a small factor.
    .
    Personally I am in same state as I have been saying for last number of weeks. Want to see a decisive play. Stock is so attractive but price action is so confusing. I will wait.
    .
    Lets hope we see a change in pattern next week, hopefully in the upward direction. All the best.
 
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Last
11.5¢
Change
0.010(9.52%)
Mkt cap ! $264.3M
Open High Low Value Volume
10.5¢ 12.0¢ 10.5¢ $661.5K 5.853M

Buyers (Bids)

No. Vol. Price($)
7 211756 11.0¢
 

Sellers (Offers)

Price($) Vol. No.
11.5¢ 89621 1
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Last trade - 16.10pm 11/11/2024 (20 minute delay) ?
MEI (ASX) Chart
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