Sale money is already spoken for with the Vendors, IMO they will need to raise cash to fund a BFS and FEED over the next nine months. US$10M should do it; so IMO 50M shares at 30c would be realistic.
General discussion (MEI), page-269
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Last
9.1¢ |
Change
-0.004(4.21%) |
Mkt cap ! $205.5M | |||
| Open | High | Low | Value | Volume |
| 9.5¢ | 9.5¢ | 9.0¢ | $447.4K | 4.904M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 22 | 1945822 | 9.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 9.2¢ | 102829 | 4 |
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| MEI (ASX) Chart |